Why is Bitcoin's price down to two-month lows?
Why is Bitcoin's price down to two-month lows?
Crypto investors are seeing red this week. Bitcoin plunged to two-month lows on Thursday, dipping below $9,000 for the first time since November. This week..
Read more: techcrunch.com
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Other hot crypto news today
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- Bitcoin drops 9%, nears crucial make-or-break level of $9000
- More bad news pushes bitcoin's value below $9000
- Bitcoin plunges 13% and falls below $9000
- Newly Detected Malware Uses NSA Exploit To Mine Monero, Over 500K PCs Infected
- Bitcoin's Slide Continues After Record Losses in January
- India Just Caused the Price of Bitcoin to Slide Again
- Crypto Fund Predicts Zcash To Hit Over $62K By 2025
Follow me @cryptonized for the latest cryptocurrency news...
Imho big insitiruonals we’re buying bitcoin up prior to the opening futures markets, basically pumping it. Then when futures opened up they started selling bitcoin short and dumping their bitcoin holdings. Same thing they did with gold and silver. They’re fucking crooks!!!
See you guys in10 years. That’s about how long it will take to get to previous highs if we’re lucky. Internet bubble took almost 20 years. Gold and silver are still recovering from 2010 highs. They really rape the crap out of these bubbles and they basically have unlimited printing press.
The decrease is due to the investor that monitors a number of warnings from regulators and a growing crackdown on virtual currency market in China.
Are you sure? did you read the first article, because is PRETTY informative.
and although it points out many factors that contribute to the fall of the btc; it also says that it is not possible to find the exact cause.
We have to try to look for information, before taking anything for granted.
I mean, I think Chinese market is probably related, but I dont think its the only cause associated.
GREETINGS FROM VENEZUELA <3
Yes, it's from one of factors. But many other factors also caused it
I said last week Bitcoin new floor 5k
On steem I said it 4 days ago
https://steemit.com/bitcoin/@soladoni/bitcoin-crash-to-5k-near
It's not level to $5k
Thanks for the updates on the Bitcoin. Hope there is some positive upward movement soon!
Tengo la fe y la esperanza, que los mercados de criptomonedas pronto se recuperen, el, la tecnología que hay detras de las criptomonedas el blockchain es muy fuerte y no podrán con eso, todo es cuestión de tiempo en que se recuperen.
Beats me.
Is this the bitter end for Bitcoin? For cryptos? Well, no, probably not. Get your head screwed on right and you’ll see that (for better or worse) many coins have seen unprecedented growth in the last six months to a year, even with Bitcoin’s price halved from holiday highs closer to $20,000.
(: Follow : @thecryptobetter :)
It will go down more for sure. It ain't gonna stop until it hits $5k. Price fluctuate based on rumors?
When breaking B because it is strong support and if the model fails the price rebounds from them.
Bottom line:
Price control on the 4-hour friday ..
Simply (the highest price support buy buy-down download down the support selling the decoction)
and do all this on the friday only 4 hours
Top support = buy
bottom support = sell
If price break The last support will be downloaded to the 6000
7000
areas in case the price will go back to 13000
it is time to buy now. it will go to the moon soon.