Bitcoin falls below $60,000 low price for the month. Low-price reached $59,982 so far
The price of bitcoin just traded below the $60,000 level to a low of $59.982. The low got close to the low for the month reached on April 19 at $59.629. For the trading month, the price is currently trading down $-11,656 or -16.35%. The end of March closing level was $71,285.Looking at the daily chart, the price is approaching its 100 day moving average at $59,355. The price today dipped below its 38.2% retracement of the move up from the 2024 low. The level comes in at $60,314. The price is also within a swing area between $59313 and $60760 (see yellow area on the chart below). Key area for both buyers and sellers in this area. This article was written by Greg Michalowski at www.forexlive.com.
The price of bitcoin just traded below the $60,000 level to a low of $59.982. The low got close to the low for the month reached on April 19 at $59.629.
For the trading month, the price is currently trading down $-11,656 or -16.35%. The end of March closing level was $71,285.
Looking at the daily chart, the price is approaching its 100 day moving average at $59,355. The price today dipped below its 38.2% retracement of the move up from the 2024 low. The level comes in at $60,314. The price is also within a swing area between $59313 and $60760 (see yellow area on the chart below). Key area for both buyers and sellers in this area. This article was written by Greg Michalowski at www.forexlive.com.
