Markets· ★★★· bearish·

Rekt Capital: Bitcoin loses $81,400 support on 3-day close

  • —BTC closed a 3-day candle below $81,400, losing support
  • —Bitcoin previously flipped $82,200 into resistance and fell to $79,000
  • —The weekly chart also lost the $84,000 level
  • —Confirmation of the resistance flip hinges on the Oct. 28 close
Why it matters: A confirmed flip of $81,400 into resistance would open the door to deeper losses and reinforce the bearish case for BTC.
#BTC
Source: Blockmedia
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