The price bitcoin is continuing its move to the downside. The low price has now reached $99,939. The price has not traded below the $100,000 level since June 23 when the price reached $99,705.
Looking at the daily chart, the next target on a break lower would have traders looking toward the June 22 low price and $98,240, and below that the 38.2% retracement of the move up from the August 2024 low. That level comes and $96,975.
From the low price of $126,272, the price has now fallen 20.89% over 29 trading days (from October 6).
