Source: TheMerkle.com
Bitcoin has experienced a significant retracement, dropping 9.2% since reaching a local high of $66,400 on September 27.
This decline has dampened the enthusiasm of investors, which may be a positive signal for the market.
Historically, price movements in financial markets often go in the opposite direction of prevailing sentiment, and the current cooling of optimism could set the stage for a reversal.
😎 With Bitcoin retracing -9.2% since its $66.4K
Read More https://themerkle.com/bitcoin-faces-critical-levels-after-9-2-pullback-market-sentiment-shifts/
The post "Bitcoin Faces Critical Levels After 9.2% Pullback: Market Sentiment Shifts" appeared first here TheMerkle.com.
Source: TheMerkle.com
