Bitcoin set for record monthly close with BTC price still below ‘worst case scenario’

Bitcoin (BTC) delivered fresh retests of $60,000 support on Oct. 31 with a matter of hours left until the crucial monthly close.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Record monthly close hangs by a thread

Data from Cointelegraph Markets Pro and TradingView showed lackluster price action on Sunday, with BTC/USD below the “worst case scenario” for its October close.

Analysts were eagerly awaiting to see if the end of the month could provide a turnaround and prove the worst…


Source link

About bitcoin

Check Also

Giant Bitcoin 'Taproot Wizard' NFT Minted in Collaboration With Luxor Mining Pool – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my …

Leave a Reply

Your email address will not be published. Required fields are marked *