
Bitcoin near $86,000: a break below $84,000 could open the door to $80,000
- —Bitcoin trades near $86,000, down 0.2% in 24 hours
- —Third rejection from $87,000 since Sept. 23
- —A break below $84,000 opens the door to $80,000, FxPro says
- —ZEC leads majors with a 2% gain to $1,360; DOGE lags, down 2%
Why it matters: Losing $84,000 would break the recent run of higher lows and shift momentum to sellers, potentially accelerating a slide toward $80,000.
Source: CoinDesk
More on this
Markets · Sep 24Privacy Coin Sector Adds $24.54B in Five Months as Wall Street Opens Door
Markets · Oct 1Altcoin spot ETFs: inflows into LINK, LTC and NEAR, outflows from SOL, DOGE, HYPE and ZEC
Markets · Sep 29Bitcoin drops below $83,000 as over $500 million in leveraged positions are wiped out