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The Crypto Daily – Movers and Shakers – October 28th, 2021

From fxempire.com

Bitcoin, BTC to USD, fell by 3.05% on Wednesday. Following a 4.46% slide on Tuesday, Bitcoin ended the day at $58,449.3. A mixed start to the day saw Bitcoin rise to an early morning intraday high $61,450.0 before hitting reverse. Falling short of the first major resistance level at $62,482, Bitcoin slid to a late morning intraday low $57,950.0. Bitcoin fell through the first major support level at $58,925 before finding support. Late in the day, Bitcoin briefly broke back through the first major support level to revisit $59,000 levels before ending the day at sub-$58,500 levels. The near-term bullish trend remained ... (full story)

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  • Category: Technical Analysis