Bitcoin often turns technical analysis on its head, and might be about to do it again.
Bitcoin, the world’s largest crypto by market capitalization has dropped 4.77 percent, pushing prices well below $6,400 for the first time in weeks.
When combined with other technical tools, pivot points are valued among day traders for their ability to analyze price movement and more.
Ether, the second largest cryptocurrency by market capitalization, has staved off a bearish move and may be looking at further gains.
IOTA tanked in September after an attempt by the bulls to stem the bleeding seen toward the end of August’s monthly highs failed.