Bitcoin reverses Tuesday gains, while Solana joins Ethereum in fresh all-time highs
Bitcoin (BTC) fell to 24-hour lows before Wall Street’s open on Nov. 3 as a previous bull run halted at $64,000.
Data from Cointelegraph Markets Pro and TradingView confirmed the return of uninspiring sideways price action after Tuesday’s volatility.
As Cointelegraph reported, BTC/USD rose almost $4,000 before topping out, with momentum then fading away to produce lows of $62,400 at the time of writing.
As ever for a post-halving Q4, analysts continued to cast aside any bearish theories.
“Market looks primed,” popular Twitter account TechDev summarized.
A separate post reexamined Fibonacci levels that have determined Bitcoin price cycle tops in both the 2013 and 2017 post-halving Q4 periods.
Should BTC/USD repeat history, even the upcoming 4.236
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