The cryptocurrency market is bleeding for the second continuously day, with prices of the most popular coins down in the last 1 day.
Bitcoin and Ethereum fell as much as by 6% and 10% respectively, pushing other major cryptocurrencies to record losses. Right now, Bitcoin is finding support at the $7,000 level and if in the next few hours, it regains the $7200-$7300 level, then we will witness some stability in the market. And, if it breaks below the $6,800 level, then its affect will be negative, indicating the reversal of bullish sentiments and then the market is likely to drop further to the $6,000 leve
Bitcoin and the other cryptocurrencies which were through a slow and steady movement to the higher levels in the past few sessions today experienced a sharp fall, eroding all the market gains in 30 minutes time span.
-may be due to :- Market manipulation...and some other factor.
looks like some banks want to enter the market as cheap as possible...
Looks like some banks want
To enter the market as
Cheap as possible...
- cryptolook
I'm a bot. I detect haiku.
yah @cryptolook