Bitcoin’s price continues to slide despite the oversold conditions signaled on the technical charts for the last six days.
The cryptocurrency market rout accelerated today as bitcoin (BTC) fell below $5,000 for the first time in 13-months.
The price of bitcoin fell below $5,000 on Monday for the first time since October of last year.
Bitcoin (BTC) dropped to its lowest level since October 2017 on Monday, as losses are seen across the broader crypto market.
Kraken has warned that the new bitcoin cash token, BCH SV, doesn't meet its listing requirements and should be seen as a “high risk” investment.
Institutional investors must set aside dollar-centric valuation models and recognize that value is a different concept in the crypto world.
The broader cryptocurrency market plummeted on Wednesday, but stablecoins in particular saw no shortage of buyers.
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If past events are a guide, bitcoin could in for a recovery rally, following the formation of a "long-legged doji" on the charts Thursday.
Bitcoin is looking oversold after a drop to 13-month lows Wednesday and could defend immediate support at $5,000 in the next few days.