Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Tanimariya on October 13, 2021, 04:49:08 PM

Title: Bitcoin Hovers Near 200-Hour MA and Close to Its Support
Post by: Tanimariya on October 13, 2021, 04:49:08 PM
The cryptocurrency is down for a second straight day. Bitcoin pulled back again early Wednesday on the heels of a recent bull run.

The cryptocurrency was trading near its 200-hour moving average (MA) and close to its support at $54,500 earlier today, representing a 2.6% drop on the day. That follows a 2.58% decline on Tuesday.  Source Link

 (https://www.coindesk.com/markets/2021/10/13/bitcoin-hovers-near-200-hour-ma-support-resistance-at-566k/)