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Bitcoin Sellers Log Longest Daily Net Loss Run Since Mid-August

Bitcoin Sellers Log Longest Daily Net Loss Run Since Mid-August

Photo: TokenPost

Loss-taking by Bitcoin (BTC) sellers continued below $80,000, while last week's run of daily net realized losses was the longest since mid-August. Earlier waves of loss-heavy selling in August and September each coincided with interim lows. The latest wave would also be near an interim low if BTC stays above $75,000. Loss selling below $80,000 follows Bitcoin loss selling above $80,000 covered earlier. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost

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