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Bitcoin drops 10% to threaten new retest of 'unreliable' BTC price support

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 122 Views

Bitcoin drops 10% to threaten new retest of 'unreliable' BTC price support

Bitcoin brought its latest correction from local highs to near 10% as skepticism over long-term BTC price support grew louder.

Bitcoin (BTC) price support could “fail” by the weekly close in a major blow to Bitcoin bulls, analysis warns.

Key points:

BTC price downside versus local highs at $76,000 nears 10%.

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