Cryptocurrency Analysis and News Portal
When I woke up just minutes ago and saw the price of Bitcoin, I thought someone had pulled a joke on me; never in a hundred years did I think BTC was going to move that fast.For those who have been living under a rock or sleeping as I have,
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Despite the strength seen earlier this week, Bitcoin started to plunge on Saturday.After printing a bearish “Darth Maul” candle that resulted in a crucial reversal at $9,200, the cryptocurrency has trended lower and lower, falling as low as $8,325 just minutes ago as of the time of writing this article.
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It seems that Bitcoin’s plunge has accelerated since our last price update posted just minutes ago. We wrote our last update when the cryptocurrency was trading at $9,900 after sustaining a 2% drop in a few minutes’ time.Now the cryptocurrency is trading for $9,600, falling as low as $9,300 just
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Bitcoin (BTC) price dropped below the $7,040 support, which kicked off a swift 3% decline to $6,800 on Dec. 16. The sharp pullback is likely no surprise to traders as Bitcoin has been ranging lower at each daily close with previous supports at $7,300 and $7,150 flipping to resistance over
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