Bitcoin plunged, breaking the $ 6550 level, but not in a good direction, the BTC / USD plunged, dropping $ 342 in just 35 minutes.
Electronic money analysts have predicted that bitcoin prices are about to break from the price of $6550 , and those projections become real early today. Unfortunately for investors , the motion has not happened to the good afternoon. This is completely contrary to the hope of breaking the $6k8 threshold to reach a short - term increase.
After a brief hike to $ 6,700 in the week. Bitcoins are stable between $ 6,550 and $ 6,600 today. However, not long before 1:00 UTC, BTC/USD fell from $ 6,594 to $ 6,252 in just 35 minutes. Bitcoin is priced at $ 6,288 on Bitfinex, down about 5%.
I wonder if this reduction will make investors more worried about Bitcoin in the future as the market continues to fall?