Mon. Feb 18th, 2019

Bitcoin plunges down to the $6300 mark as the market continues a bear trend

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Bitcoin’s price dipped down to the $6300 mark yesterday after a long struggle in the $6500 range. This has confirmed the continuation of the bear trend but the next support price of $6100 is yet to be tested.

With major institutional players jumping into the cryptocurrency space, it will be interesting to witness how the market prices take form in the coming months. There have been bullish runs this year but the overall trend remained bearish since the crash in January 2018.

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