Daily Trade News

Bitcoin toys with $60K as crucial price support level sees multiple



© Reuters

(BTC) bounced at the pivotal $58,400 during Nov. 17 as the day continued choppy price action.

1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD abruptly reversing after its fourth wick below $59,000 in 24 hours.

Tesla (NASDAQ:) 1-hour candle chart. Source: TradingView