After failing to stabilize above $6,500, Bitcoin has now fallen into the $6,300 region, and it is becoming increasingly likely that it will test its long-established support level that exists at $6,200.
Altcoins also took a hit on Friday after yesterday’s weak day of trading.
Bitcoin Drifts Lower, $6,200 Likely to be Defended by Bulls
At the time of writing, Bitcoin (BTC) is trading at $6,395, trading down 1.3% over the past 24-hours.
BTC has been gradually declining since November 6th, when it rose to weekly highs of nearly $6,600 before beginning its slow

This post is an exerpt of an original post published on News BTC. All copyrights about images and text belong to their respective owners.Click the above button to read the original post.

IOTA Partners with HIGH MOBILITY to Build New Mobility Apps

IOTA Foundation has entered a partnership with HIGH MOBILITY, under which its developers can build new types of apps based on IOTA’s ledger, significantly...

Bitcoin Cash: BSV Backer Calvin Ayre Now Wants a Permanent Split

In a blog post published this week, CoinGeek founder Calvin Ayre made substantial claims as to the nature of the seemingly-permanent split between Bitcoin...

Oil Prices Recover from 13-Month Lows, but Oversupply Fears Keep Rally Subdued

Crude oil bounced back Wednesday from one of the worst selloffs of the year, though the extent of the rally was limited by persistent...

Forecast Services Review

Bitfury Appoints Former SEC Commissioner & Korelya Capital Founder As Board Members

The Bitfury Group, a “full-service” bitcoin and blockchain technology firm, has appointed two experienced financial market professionals - in order to provide guidance regarding...
loading...