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Bitcoin Price Stays Quiet Below $80K as Losses Pile Up

Bitcoin Price Stays Quiet Below $80K as Losses Pile Up

Photo: Coindoo

Key Takeaways 9,990 BTC hit Binance from underwater recent buyers Volatility near its lowest levels since 2021 Options price a roughly $1,800 Fed-window move $76,000 support band is the next test BTC traded at $79,910 at 11:59 UTC on October 27, down 0.30% on the day, according to the Binance BTC/USDT daily chart . The session ranged from $79,506 to $80,388, extending Bitcoin’s test of $80,000 ahead of the Fed . Recent buyers are selling at July-level losses Short-term holders, wallets that bought within roughly the last five months, have been sending coins to Binance while underwater.

Source: Coindoo

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