Bitcoin Price Likely to Drop Towards $6,000 if History Rhymes

After plunging to $6,800 on Friday, Bitcoin (BTC) has been subject to some reprieve; the cryptocurrency now trades at $7,300, up some 8-odd percent from the bottom. While this bounce is somewhat positive for bulls, especially considering the historical importance of the high-$6,000s, a key indicator suggests that there may be more pain to come

The post Bitcoin Price Likely to Drop Towards $6,000 if History Rhymes appeared first on NewsBTC.

NewsBTC

120 total views, 1 views today

Author: toutiao