Analysts Believe Bitcoin’s Price Dip is A Buy Signal, Parabolic Bull Run Still Underway

The price of Bitcoin plummeted from $7800 to $7200 in 20 minutes on major exchanges like Bitstamp, Coinbase, Bitfinex, Gemini and Bittrex a few hours ago. Bitstamp was hit the most by the debacle. The exchange reported a flash crash in the price of Bitcoin to $6,200. What happened? What’s next for Bitcoin? Can bitcoin recover from this? Analysts believe that it can.
The price of Bitcoin crashed below the $7,000 position losing a whopping 8% in just minutes.
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