Bitcoin Nears $66,577.77 Support
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On Sunday, November 3rd, 2024, Bitcoin’s price declined by 0.673%, closing at $69,035.32.
Throughout the trading day, Bitcoin’s price fluctuated by 2.85%, reaching a low of $67,444.00 and a high of $69,364.65.
Over the past two weeks, the cryptocurrency has experienced a 1.32% increase, characterised by volatile price movements.
Trading volume increased, despite the falling prices. This could be an early warning sign, indicating increased risk in the near future.
In the short-term, Bitcoin is currently trading within a wide and strong upward trend.
Key levels are $72,723.67 resistance and $66,577.77 support.
Data: FactSet, Morningstar, S&P Capital IQ, ProRealTime, MarketScreener, StockInvest