Bitcoin Price Nosedives—Profit-Taking Sparks Sudden Correction

Bitcoin Price Nosedives—Profit-Taking Sparks Sudden Correction. Bitcoin price started a fresh decline below the $105,500 zone. BTC is now consolidating and struggling to stay above the $103,200 support. Bitcoin started a fresh decline below the $106,500 and $105,500 levels. The price is trading below $106,500 and the 100 hourly Simple moving average. There is a key …