Bitcoin May Suffer Additional Pain After Sharp Losses – Charles Bovaird

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While bitcoin has had a rough couple of days, experts say it may be poised for additional losses. Earlier today, the cryptocurrency dropped to $4,200.22 and then bounced back, rising to $4,764.88, according to CoinDesk price data. While this upward movement represented a 13% gain, it took place after the digital asset fell through both the $6,000 and $5,000 price levels. The cryptocurrency’s rally then proceeded to stall, sending bitcoin prices to as little as $4,076.59, additional CoinDesk price data shows……………

Read more: https://www.forbes.com/sites/cbovaird/2018/11/20/bitcoin-may-suffer-additional-pain-after-sharp-losses/#1b6dd1adcb7c

 

 

 

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