Bitcoin Falls Below Psychological 70K Support and Hits the Lowest in Almost Three Months

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BTCUSD fell over 5% on Friday, in extension of steep two-day drop (down around 9%) and hit the lowest in nearly three months. Fresh acceleration lower broke several key supports (200DMA / 50% and 61.8% of 57673/87385 and psychological 70K level) generating strong bearish signals. Bitcoin came under increased pressure in post-mid-term election period, as […]The post Bitcoin Falls Below Psychological 70K Support and Hits the Lowest in Almost Three Months appeared first on ActionForex.