Bitcoin Price Reaches the $76K Shelf It Built in September
Photo: Coindoo
Key Takeaways BTC tagged $76,500, just above key support. 0.382 Fib, 100-day SMA, September low converge. Daily RSI at 33.07, lowest since June-July. Below $76,066, the 200-day SMA is next. BTC traded at $76,840, down 1.48%, or $1,150, on the day, according to the Binance BTC/USDT daily chart . How Bitcoin got here The slide started earlier this week, when Bitcoin lost both its 50-day simple moving average at $81,942 and the 0.236 Fibonacci level at $80,403.04, ending a stretch in which it had been holding quietly around $80,000 .
Source: Coindoo
