BTC/USD daily

Bitcoin / U.S. dollarBitstamp

Description

⋅ Sep 27, 2019 6:40 AM

Bitcoin price keeps plunging and even 200-day moving average was not able to hold the support. In this steep bearish trend BTC dropped over 20% in the past 5 days. 61.80% Fibonacci Retracement level suggests the next support to be at about $7200.