A short term trend reversal for bitcoin has become increasingly unlikely for bitcoin following a 5% drop in less than three days. Since October 1, the bitcoin price has fallen from $8,532 to $8,100 against the U.S. dollar. Technical analysts anticipated a relief rally to key resistance levels found at around $9,000 as bitcoin initially […]
The post $6,700: Bitcoin Price Target Sinks as Traders’ Gloom Worsens appeared first on CCN.com
Source: https://www.ccn.com/bitcoin-price-trader-6700-target/