Bitcoin Falls 2.15% to $81,570, Testing Key Support Levels
- —BTC trades at $81,569.60, down 2.15% on the day
- —Price sits below SMA-7, SMA-15 and SMA-30 but above SMA-50 and SMA-200
- —Volume of $31.09B is 2.34% above the 30-day average
- —RSI at 45.9 and bearish MACD point to weak momentum
Why it matters: The break below short-term averages on elevated volume signals weakness; holding the 50- and 200-day SMAs will determine whether the uptrend survives.
Source: DiarioBitcoin