Source: Crypto.news ↗
Bitcoin price tests $81K support as bears hold control, can BTC recover?
Translation unavailable. Please try again.
What the source reports
Bitcoin traded near $81,400 on Oct. 16 after rebounding from a weekly low of $79,800, leaving its recovery dependent on holding the 50-day moving average and breaking a pattern of lower highs. Bitcoin’s daily chart showed a price of $81,345.75,…
Read the original report on Crypto.news ↗Live market context
Market figures are live reference data, not evidence that this report caused a price movement. Not financial advice.
Related news
Open news desk →Bitcoin tests $81,120 support as double top plays out: Live
Bitcoin Treasury Giant Strategy Faces Index Removal Under Finalized MSCI Rules
The index provider will classify “non-operating companies” as ineligible starting Nov. 30, targeting firms whose balance sheets are dominated by a single asset.
MSCI’s new rules could squeeze Strategy’s Bitcoin buying machine
MSCI approved rules threatening Strategy's index membership as its shares trade nearly 69% below their peak. On Oct. 15, the global index provider announced that it would adopt a new methodology excluding companies classified as non-operating businesses from its Global Investable Market Indexes. The changes take effect after the Nov. 30 market close, with the… Read the full story on CryptoSlate Un...