Bitcoin Falls Below $70,000 For The First Time Since August
Bitcoin (BTC) fell below $70,000, returning to the price range traded on 19th and 20th August.
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Bitcoin (BTC) fell below $70,000, returning to the price range traded on 19th and 20th August.
CoinGlass recorded about $1.02B in rolling liquidations at 03:08 UTC on 9th November. Bitcoin was near $75,000 in the separate 03:37 UTC TradingView snapshot.
Bitcoin remains below its daily averages, leaving a break above Saturday's early range short of a broader technical recovery.
The daily chart leaves Bitcoin below its recent average, with $79,100 support and $84,850 resistance shaping November's outlook.
The daily chart leaves XRP near its longer average after a fading rebound, with $1.28 support and $1.40 resistance defining the next tests.
Bitcoin's hourly momentum turned down after its Fed rebound faded, leaving earlier daily lows as the next test.
Bitcoin (BTC) fell below $80,000 while Ethereum (ETH) hovered near $2,300. Money returned to US Bitcoin funds as withdrawals from Ether funds continued.