Will Bitcoin price crash again as it falls below $80,000?
Photo: crypto.news
Bitcoin has fallen below $80,000 ahead of the Federal Reserve’s October 28 decision, reopening the question of how much selling the market can absorb if buyers retreat again. The October 26 price snapshot put Bitcoin near $79,947, down 1.02% over 24 hours, after a session low around $79,332. A brief move through $80,000 does not answer whether another sharp fall is coming. The price has crossed that line before and found buyers, while a renewed slide would depend on how many holders sell, how much leverage remains and whether fresh demand appears at lower prices.
Also reported by Bitcoin Sistemi.
Source: crypto.news
