Bitcoin Price Crashes After New ATH, Are Dips Supported At $60K?
Bitcoin price traded to a new all-time high above $69,000 before crashing. $BTC is now consolidating near $63,000 and might decline toward the $60,000 support.
Bitcoin price created history again and traded to a new all-time above $69,000.
The price is trading below $65,000 and the 100 hourly Simple moving average.
There was a break below a key bullish trend line with support at $66,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could extend losses and revisit the key $60,000 support zone.