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Bitcoin Fell 50% From $6,000 After This Signal Appeared, and It’s About to Happen Again

Bitcoin really hasn’t done too well over the past few days; since the $9,200 peak seen on Saturday, the price of the cryptocurrency crashed as low as $3,800, marking a more-than-50% crash from the weekly high.Unfortunately, a key signal suggests that the prospects of recovery may be diminishing.Related Reading: Crypto

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Bitcoin Paints V-Shape Recovery after Crashing to $3.8K; More Pain Coming?

Highlights:Bitcoin plunges to $3.8K for the first time since April 2019.The cryptocurrency’s deep dive came alongside a massive liquidation spree on the BitMEX crypto exchange.The price recovered by $2,000 but left the market in further distress, especially amidst the rising Coronavirus risks on global financial markets.Bitcoin fell to its 10-month

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