Bitcoin Price Loses Steam as Bears Circle Critical $78K Floor
WorldPing
Bitcoin’s price was trading between $78,060 and $78,500 on Tuesday morning around 8 a.m. EDT, after pulling back from the $80,537 area, leaving short-term sellers with an edge even as longer-term technical measures remained constructive.
This is a short WorldPing brief. The full report was published by Bitcoin.com.
Bitcoin traded near $79,100 on Tuesday, unable to hold $80,000, with jobless claims, inflation data and a Federal Reserve decision all landing inside eight days.
Brief by WorldPing · Original reporting by Bitcoin.com
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Brief by WorldPing · Original reporting by Cointelegraph