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Bitcoin Price Risks Dropping Below $10,000 if This Support Level Fails

As the price of Bitcoin (BTC) couldn’t break through the resistance level of $12,000, a retracement did not come as a surprise. In recent days, BTC/USD pulled back to $11,400, a correction of almost 10%.Crypto market daily performance snapshot. Source: Coin360Meanwhile, gold, silver and other commodities are also correcting due

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Market Wrap: Bitcoin Dips to $11.6K, ETH Options Predict Price Below $400 by End of Year

Bitcoin traders are hitting the sell button Friday while the ether options market loads up on lower prices. Bitcoin (BTC) trading around $11,674 as of 20:00 UTC (4 p.m. ET). Slipping 1.4% over the previous 24 hours.Bitcoin’s 24-hour range: $11,605-$11,892.BTC below its 10-day and 50-day moving averages, a bearish signal for

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