HomeUncategorizedBitcoin risks key support as trader says BTC price bottomed at $17.6K By Cointelegraph

Bitcoin risks key support as trader says BTC price bottomed at $17.6K By Cointelegraph

October 11, 2022

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Bitcoin risks key support as trader says BTC price bottomed at $17.6K

(BTC) wicked below $19,000 on Oct. 11 as crucial support saw its first test in a week.

1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it saw local lows of $18,962 on Bitstamp.

BTC/USD order book data as of Oct. 10 (Binance). Source: Material Indicators/ Twitter
BTC/USD annotated chart. Source: Crypto Tony/ Twitter
BTC/USD annotated chart. Source: Crypto Kaleo/ Twitter