이 기사 공유하기
Bitcoin Heads for Its Worst Weekly Close in Over a Month
Should the cryptocurrency close at or below current prices, that would represent the steepest weekly sell-off since June 14.
Bitcoin is heading for its lowest weekly close in more than a month as selling pressure continues to drive the price towards $30,000.
STORY CONTINUES BELOW
- At press time, the cryptocurrency is changing hands at $31,680.31, a 2.9% decline from the 24-hour top of $32,614.24, CoinDesk data shows.
- Should the current candle close at or below this level, that would mark the steepest weekly sell-off since June 14.
- Thursday's drop was bitcoin's biggest in over 10 days as it fell, once again, alongside the U.S. equities market.
- A drop below the $31,000 daily support level may result in a deeper drawdown to $28,600 based on June 22's prior low.
- Low volume, as indicated in Thursday's four-hour view, is consistent with a lack of trading interest in the short-term.
- Traditional equities in Asia were mixed, with most markets reflecting a change of less than 1%.
광고
Read more: Market Wrap: Bitcoin Slides Toward $30K, Looks ‘Fragile’
More For You
More For You
Bitcoin Jumps to $99K as Spiking Coinbase Premium Points to Strong U.S. Buying
Spot BTC prices were at times $300 pricier on Coinbase relative to Binance, suggesting the rally may be driven by heavy demand from American investors.
What to know:
- Bitcoin surged towards $100,000 on Wednesday's U.S. trading session, gaining 3.2% in the past 24 hours.
- The rally coincided with significant spot BTC price premium on Coinbase.
- Fed Chair Jerome Powell called bitcoin a competitor to gold during a panel discussion.
Top Stories
