Bitcoin pulls back and tests key support on October 31
BROBROK News · Based on reporting by DiarioBitcoin ·
Bitcoin is trading at $77,305.41 and remains below several short-term moving averages, with RSI and MACD pointing to weak momentum. The price is still above its 200-day SMA, but daily volume is below recent averages, limiting confirmation of the move.
Key points
- BTC is 38.72% below its all-time high
- RSI at 33.8 and MACD remains bearish
- Daily volume was 4.37% below the 30-day average
- Price is still above the 200-day SMA at $73,111.08
- Reports about Binance may be a pressure factor, but causality is unconfirmed
Why it matters
The setup combines technical weakness with lighter-than-average volume, which makes the move harder to read. For crypto investors, that means watching support levels and waiting for clearer confirmation before assigning the decline to one cause.
Original headline: “Bitcoin (BTC) retrocede y pone a prueba soportes clave el 31 de octubre de 2026”
Read the original on DiarioBitcoin
Summary and analysis written by BROBROK News from the original report. Read the full story on the source website. Not investment advice.