Bitcoin Price Crash Continues: BTC Slips Below $78,000, Here Is the Next Target

$Bitcoin has lost another battle. After holding above $80,000 for most of the week, BTC broke down hard on October 29 and 30, sliding from around $81,300 to a low near $76,900 in less than 48 hours. At the time of writing, Bitcoin trades at $77,200, roughly 4.5% below where it opened the week and well under the $78,000 zone that bulls had been defending since mid-September.BTC/USD ChartThe move was not a slow bleed.