Bitcoin price dips below $7000

in #bitcoin7 years ago

Bitcoin price is under massive pressure. In the last 24 hours, price declined from $8000 down to $6800, a 6-month low. This decline also brought down the entire cryptocurrency market with it.

BTC.png

Reason for this decline is rumored to be due to unconfirmed negative news and sentiment coming from China with regards to regulation on blockchain and cryptocurrency.

btc_chart_coingecko.png

Only time will tell where do we go from here, but things are definitely looking really bearish for the entire crypto market.

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Oh! Not very good news.

I hope things will get more positive soon!

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