Bitocin – Potential for the bigger drop [Video]
![Bitocin – Potential for the bigger drop [Video]](https://editorial.fxsstatic.com/images/i/BTC-neutral-object.png)
Downside continuation in the play.
Author
Petar Jaćimović
FXCentrum
Petar Jaćimović was born on 8 July 1989 in Jagodina, Serbia.
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Bitcoin (BTC) price is down over 4% so far this week, trading below $83,000 at the time of writing on Friday as mounting selling pressure threatens to derail the seasonal “Uptober” rally. Profit-taking, a surge in long liquidations and weakening demand from institutional investors are weighing on BTC.