The price of bitcoin fell to the values of November last year
Today, June 24, the price of the first cryptocurrency continued its rapid decline, breaking the support level in the region of $ 6000.
As you can see on the chart below, bitcoin is currently trading at the levels recorded in the second decade of November last year (around $ 5820):
Against the background of the update of the minimum in 2018, even more significant decline was demonstrated by altcoins.
Total market capitalization of crypto-currencies currently stands at $243 billion market Capitalization of bitcoin of $101 billion; index of dominance — 41,6%.
According to the Twitter account Trading Room, there is nothing wrong with what is happening — the price of bitcoin has already fallen by 90%, and then recovered. The next support area is in the $4500-5400 range.
Recently, fundstrat analysts have expressed the opinion that even if the bitcoin price reaches $3200, it will not break the long-term uptrend.
