Bitcoin technical analysis: Tumbles but recovers. Intraday support being tested now. - ConsultFX

Bitcoin technical analysis: Tumbles but recovers. Intraday support being tested now.

Near 29% decline from last weeks trading Bitcoin plunged to a near 29% decline from last weeks high at $5605.00. That was down from $7882.35 last Wednesday.  The fall took the price below the 50% of the move up from the September 22nd corrective low (at $3510.31) at $5696.33.   Copyright 2015 Forexlive.com