Bitcoin falls 1.47% to $79,648, testing key support levels
- —Price sits $1,200.69 below the $80,849.13 open, with an intraday low of $79,388.01
- —RSI at 38.7 and MACD at -497.74 versus a -88.48 signal point to weak momentum
- —Volume of $25.77B is 3.68% below the 30-day average of $26.75B
- —BTC remains above its 90- and 200-day SMAs at $76,640 and $72,940
Why it matters: Bitcoin holds above long-term averages, but weak momentum and thin volume leave room for a retest of $79K support ahead of the Fed decision.
Source: DiarioBitcoin