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BTC price struggles at $21K as trader says 'top is in' for Bitcoin, Ethereum

Published 10/30/2022, 08:49 AM
Updated 10/30/2022, 10:20 AM
BTC price struggles at $21K as trader says 'top is in' for Bitcoin, Ethereum

Bitcoin (BTC) continued consolidating into the Oct. 30 weekly close as concerns over a deeper retracement became vocal.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling levels just below $21,000 on the day.

BTC/USD annotated chart. Source: Mark Cullen/ Twitter
BTC/USD 1-day candle chart (Bitstamp) with 50, 100MA. Source: TradingView
BTC/USD 1-week candle chart (Bitstamp). Source: TradingView
BTC/USD monthly returns chart (screenshot). Source: Coinglass

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Latest comments

The source for this article is a tweet by "il Capo of Crypto." Investing.com, where are your standards?
Exactly, Brad is still here.
What a joke why am I paying for this nonsense? "popular trader and analyst Il Capo of Crypto sensed a change of direction was ultimately due. Oh a random nobody on twitter "sensed" a direction change was due? Thats a news article?
Who?
lol Jason pays for this stuff. That says a lot about his investing acumen.
Lmao at "top is in" it hasn't even gone anywhere to top yet. 🤣 c l. owns
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