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Bitcoin Panic Selling Triggers Pull Back to $69k as $4 Billion BTC Moves to Crypto Exchanges

  • Panic selling triggered a pullback in Bitcoin (BTC) price to $69,000 as $3.8 billion worth of BTC was sent to crypto exchanges.
  • Bitcoin failed to reclaim its all-time high (ATH) price of $73,800 due to resistance at $72,000.
  • BTC must hold the $69,000 support zone to have a chance of reaching a new ATH.
  • Market sentiment for Bitcoin remains divided amid the U.S. elections.

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