FILE PHOTO: A collection of Bitcoin tokens are displayed in this picture illustration taken December 8, 2017. REUTERS/Benoit Tessier/File Photo
Bitcoin fell to as low as $6,178 at Bitstamp exchange, down 21.6% from the previous close and last stood down 8.2% at $7,236. “Rather it looks to be driven by large sell orders by a handful of people or even just one person, who are likely realizing profits after the recent price rise or looking to acquire more at lower prices,” Rabaglia said.
Boo
BitcoinEdu Cutting edge kak...
“Didn’t appear to have a particular trigger” This is one of the reasons I hesitate to gamble in the crypto markets. Unregulated means no accountability. Anyone playing in this space should really be playing with slush funds. Still, I wish I had gambled 9 years ago. 😢
Yeah but it dropped to 6k and then climbed back up on 7k . And compared to previously its still up so get the facts straight ( ps i didnt read the article but the tittle is missleading)
Consolidation price correction, due to profit taking, before the next run. the trend is up.
Cutting edge journalism.
lmao oh come on, an ascending channel is doomed for a breakdown.
Price of scam fraud drops steeply, with more to go. That is a surprise.
When Scam fades...
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