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Why a weekend break below $62,500 could unleash a Bitcoin selling wave toward $58,500

By Gino Matos at 2026-10-03 06:34

Sentiment: Positive

Bitcoin trades near $62,900 heading into the weekend, having touched an intraday low of $62,538 on Aug. 14. That low effectively tested the $62,500 to $62,560 zone that has held as the floor of a five-week trading range between roughly $62,000 and $66,000. Bitfinex found Bitcoin tested the $65,000 to $65,500 region six times between […] The post Why a weekend break below $62,500 could unleash a Bitcoin selling wave toward $58,500 appeared first on CryptoSlate. Continue reading...

Categories: Analysis

Tags: #Analysis #Featured #Macro #Market

Source CryptoSlate