Bitcoin Price Crash: Why The Sell-Off?

Bitcoin Price Crash: Why The Sell-Off?

The bitcoin price chart slammed down like a Stark on a Bolton, today, but readers are being encouraged to take heart from the healthy correction and well-deserved profit-taking. This is the natural behavior of markets, and after a much need pullback greater things lie ahead for the bitcoin price chart and for Bitcoin at large. Price has dropped to the lower end of the support zone (orange) discussed in yesterday’s analysis, and it looks like the sell-off has not yet hit bottom. If decline continues, then the next lower level of support is at $575 where price consolidated in early June.....


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