Bitcoin Price Watch – BTC/USD Decline Continues, Now Below $6,500
On Wednesday morning, Bitcoin continued its decline from earlier this week, falling below the pivotal $6,500 price point. The cryptocurrency is now trading at around $6,400. Its price fell by approximately 17% over the past seven days and by 75% through 2018.
Bitcoin Continues Decline, Testing New Support
Continuing its decline from this past weekend, Bitcoin price fell below the critical $6,500 level. BTC/USD is now on a bearish trend testing a new support at $6,340. Another bearish trend line formed earlier at its resistance level of $6,550. As a result, BTC/USD fluctuated between the $6,400-$6,500 …
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