[2018-03-28] Bitcoin Price Facing Bearish Trend: BTC Falls below $8,000 Again

[Vladdirescu87]

Bitcoin is hovering up and down around the $8,000 mark, as traders have recently faced the a social media crackdown on digital currency. On Monday, March 27, the price of bitcoin has dropped to $7,716, the lowest point since March 18.

Bitcoin may increase in value up to $8,271-$8,300 but there is no guarantee of any sustainability concerning future gains. Generally, the trade coin seems to repeat its March lowest mark of $7,240, which may lead down to $6,600.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bitcoin-price-facing-bearish-trend/

[Lieldoryn]

I don't understand what's so interesting about these tests. It's weird when people read that spam. We all know that the price of bitcoin may increase or fall. What's more now the bitcoin fluctuates in the normal range. This means that the price has reached its lowest threshold and further growth awaits us. Who doesn't understand that?

[CryptoBry]

As stated in the post, it happened last year it is happening now and next year there is also a possibility of the same trend happening. This means that this is the best time to enter Bitcoin as soon based on what happened last year the same Bitcoin will soon be rising. I hope that we can break this annual cycle as the whole thing is getting boring.

[LoveKamil]

Now all the government and many private companies will ban the ICO, because of the huge number of scams. Therefore, it seems to me that this year will be bearish.