Bitcoin price chart showing a sharp drop below $60K in early October, reflecting market sentiment shift.

Bitcoin Bearish Trend: Traders Watch for Critical $60k Support

Between September 29 and October 3, Bitcoin’s price fell by $6,000, hitting a two-week low of $59,860. Based on recent price movements, it seems this downward trend might continue. The latest drop was influenced by tensions in the Middle East, causing Bitcoin to lose key support levels: the 50-day exponential moving average (EMA) at $61,318 […]

Bitcoin Bearish Trend: Traders Watch for Critical $60k Support Read More »