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Bitcoin Price Eyes Quarterly Loss After Hitting 3.5-Month Low

Bitcoin Price Eyes Quarterly Loss After Hitting 3.5-Month Low – CoinDesk

Bitcoin has dropped more than 25 percent in the third quarter, neutralizing the bullish setup on the monthly chart. With the weekly and the three-day charts biased bearish, the cryptocurrency risks falling to $7,500 in the short-term. A violation there would expose the next major support, currently at $7,070.