Bitcoin

<ul><li>Bitcoin experienced a drop of more than 8% before the 4-hour candlestick closing.</li><li>The drop in Bitcoin came as news spread about Mt Gox and the US government making Bitcoin transfers, and as Russian President Putin called for an emergency meeting.</li><li>Will Bitcoin continue to drop? Where are the critical support and resistance levels?</li></ul>What can investors expect from Bitcoin? What do investors think about Bitcoin?<h2 id="header-0">Bitcoin Medium-Term Price Analysis!</h2><img src="https://academy-public.coinmarketcap.com/optimized-uploads/04a4884b458941b0bee965409fb3f9b1.png" />Bitcoin Price Chart Source: TradingViewWe can see that the downward movements in BTC price will continue unless Bitcoin makes daily candlestick closings above the 30,500$ level.If Bitcoin cannot break the 30,500$ level, its target in the technical chart will be around 25,000$.Continue Reading: <a href="https://en.coinotag.com/sharp-decline-in-bitcoin-current-btc-analysis/" rel="noopener noreferrer nofollow">https://en.coinotag.com/sharp-decline-in-bitcoin-current-btc-analysis/</a>

Sharp Decline in Bitcoin! Current BTC Analysis!

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