Bitcoin Trending Lower With Possible Break of $30K Support

Bloomberg

Bitcoin Resumes Slide Toward $30,000 as Crypto Confidence Ebbs

(Bloomberg) — Bitcoin’s selloff accelerated Monday, pushing it closer to $30,000 once again.The world’s largest digital coin, down as much as 3.3% at one point during the session, continues to ebb closer to the pivotal round-number level, trading around $30,628 as of 9:41 a.m. in New York. Chartists are watching to see if it breaks below that support, which could exacerbate its decline and set it up for its lowest close since the start of the year.The retreat comes amid a broader risk-off envir

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