[NewsBTC] Bitcoin Just Dropped Below $6,500: Why It’s Risking a Big Fall to $5,000

[Dato]

Bitcoin Just Dropped Below $6,500: Why It’s Risking a Big Fall to $5,000

<p>Bitcoin has closed below its long-term support as it dropped to $6,430 on BitMEX. The breakdown brings the cryptocurrency’s 200-weekly moving average in view as the next pullback target. The said MA in December 2018 had capped the asset’s downtrend from flourishing. As of now, it sits near the lower-$5,000 levels. Bitcoin risks plunging to<a class="read-more" href="https://www.newsbtc.com/2019/12/18/bitcoin-just-dropped-below-6500-why-its-risking-a-big-fall-to-5000/" data-wpel-link="internal">...</a></p>
<p>The post <a rel="nofollow" href="https://www.newsbtc.com/2019/12/18/bitcoin-just-dropped-below-6500-why-its-risking-a-big-fall-to-5000/">Bitcoin Just Dropped Below $6,500: Why It’s Risking a Big Fall to $5,000</a> appeared first on <a rel="nofollow" href="https://www.newsbtc.com">NewsBTC</a>.</p>



https://www.newsbtc.com/2019/12/18/bitco...-5000/Kind Regards R