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Bitcoin retests support with trader forecasting $55K BTC price dip
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Bitcoin (BTC) denied bulls their big break on Nov. 4 as sideways action dragged the market ever closer to $60,000.
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD back below $62,000 at 8am UTC.
The pair saw a difficult 24 hours after hitting local highs above $64,000, finally bouncing at $60,000 in a brief but significant dip.
The plebs continue to stack.
While some suggested the price action was a gift to investors looking to add to their BTC stash before further upside,
Read more on cointelegraph.comAbout this in other media
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