The worst does not appear to be over for the bitcoin price,
The movement on the price up and down is not bad, remember the price was about $ 6200 two weeks ago.
as CCN reported,
Institutions such as CNN are the worst place to track news about cryptocurrencies. Most of their analyzes rely on a financial system approach with disdain for cryptos, so if you want to invest in those currencies avoid such channels.
At 19:30 UTC, the bitcoin price took a major downward pivot, falling from $7,100 to $6,900 in less than 45 minutes. At that point, BTC/USD began to test the $6,800 level,
Perhaps the postponement of ETF triggered a situation of selling so the price dropped significantly in a short time.
now that support at $6,800 has broken, it may be the case that bitcoin has not, in fact, found its 2018 bottom.
I do not think that price will stay at $ 6,000 for a while.