~11~june: Bitcoin is crashing today 6700$

in #bitcoin7 years ago


Hello steemians today there is a crash of the price of Bitcoin. 

There been a week that bitcoin could not break the resistance level.

And today BTC break the support level do to also a very low trading volume in the proiuvs days.

Probably another well organized attack from the big players against BTC.

Lets look at coinmarectcap for more details.


We can see trading volumes are rising now there are huge deals.

Probably the ones that making the market scare about bitcoin the now are buying this cheap bitcoins.

The daily treading volumes for BTC are around 5.5 Billion Dollars for the last 24 hours.

Bitcoin domaince also rasing and today is at 39.3%

My advice in such a sitation is to stay cool and don't panic and it is very possible to have leiter in the next week possibilities to see even cheeper bitcoin.

Good luck to all crypto traders  I wish you successful trades end of the weekend.



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The previous 2 days have been very positive for BTC, with price stalling at the $6,630 zone and finding support at this level for the time being. After price suffered a sharp drop like we saw, it is very likely that we will see prices consolidate around this area over the next few days before we see either another retest of the $6,630 level or push to the upside, potentially retesting resistance at $7,050.

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