Bitcoin Trades in $80,000-$86,000 Range for Ninth Consecutive Day

Bitcoin (BTC) remained within an $80,000 to $86,000 band for a ninth consecutive day as its 30-day high-to-low price spread narrowed to 6% from 13%. The key upper level is $86,000, while the 365-day simple moving average is the key downside level. Bitcoin found support near the average and rebounded Saturday, closing at $80,500, its lowest level in nearly 30 days. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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