$BTC
BTC
70,724.38
+2.07%
Bitcoin price faced rejection from the 50-day Exponential Moving Average (EMA) at $114,822 on Tuesday and declined by nearly 6% until Thursday, closing below the ascending trendline. At the time of writing on Friday, BTC hovers at around $107,700. If BTC continues its correction and closes below the 200-day EMA at $108,070, it could extend the decline toward the October 10 low of $102,000.