BITCOIN LATEST UPDATES.
BITCOIN LATEST UPDATES.
Bitcoin is the best-know example of crypto currency
bitcoin drops below $8,000 for first time in a month
BLOMMEBER As with many things crupto analysts and investors have had trouble isolating an exact Catayst for the sell-off topic,
Bitcoin
Bitcoin broke below $8,000, for the first time in nearly a month as its recent sell-off dragged on for the seventh straight day. The largest crypto currency s slide on Thursday snowballed into the $7.000, territory it hasn't penetrated since late October, the token also slipped below its 200 - day moving average line, an event considered a sell signal by many analysts and chartists provided the asset doesn't' quickly recover
Bitcoin price action is a continuation of themes that have developed since this summer, Jeff Dorman , said chief investment officer as Arca , a Los Angeles-based asset manager that invests in crypto currency and digital assets " Volumes are low, no new money is coming into the ecosystem and Stocks / Bonds / Gold are all up double-digits year -to-date, which makes the no-crypto world lose, focus on this emerging assets class."
I am sure By the end of 2019, above $ 8,000 price may rise Surprisingly.
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