Bitcoin Could Suffer More Losses After Breaching Key Support
From forbes.com
Bitcoin fell below crucial support today, a move that could trigger additional downside and also threaten the bullish momentum the digital currency has enjoyed in recent weeks. The cryptocurrency dropped to as little as $8,290.24 around 8:45 a.m. EST, CoinDesk data shows. At this point, the digital asset had fallen roughly 3.6% in less than six hours, declining from its intra-day high of $8,597.33, additional CoinDesk figures reveal. Multiple analysts cited profit taking when explaining this downward move. [Ed note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone ...
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