Bitcoin moves down to its lowest level since October 28

Bitcoin moves down to its lowest level since October 28

Test the October 28 low $56,425
The move to the downside today has taken the price below the 38.2% retracement of the move up from the swing low from September 22. That level comes in at $57,758.97. The current price is trading just above that level on the rebound higher. 

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