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Bitcoin nears K lows as US stocks dive at the Wall Street open

Bitcoin nears $78K lows as US stocks dive at the Wall Street open

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Source: Coin Telegraph

Bitcoin price weakness continues as stocks suffer amid a fresh Wall Street sell-off and $80,000 support begins to crumble — traders are now eyeing RSI signals.

Bitcoin (BTC) sought a rematch with multimonth lows on March 10 as familiar selling accompanied the start of Wall Street trading.

BTC/USD 1-hour chart. Source: Cointelegraph/TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD down around 4% on the day to reach $79,170 on Bitstamp.

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Author: William Suberg