Data from Cointelegraph Markets Pro and TradingView showed new local Bitcoin price drops
BTC
Of $66,696 at Bitstamp — its worst value in the month so far.
Falling for almost 24 hours in a row, Bitcoin failed to reverse the trend on the day, while risky assets prepared for a flood of macroeconomic data from the United States and comments from the Federal Reserve.
Now with a drop of 3.6% on the day, the BTC/USD pair faced several fall targets from traders, these extending towards $60,000.
“Getting closer to the support. I will be looking to enter long positions if a reversal presents itself," the popular trader Roman told his followers on the X on the day.
