The first crypto currency has already breached the psychological mark, and its rate continues to fall, calling for the same trend of other digital assets. The opinion of experts on this issue is ambiguous: someone thinks that bitcoin will make a price turn, and someone assumes that it will fall even more.

At least 2018
Yesterday at 21:51 UTC it was noted that the cost of BTC reached a minimum for 2018. The cost of the main digital currency by that time was $ 5938. During the day, bitcoin lost 7.4%. Note that now his rate has already risen, at the time of writing the article, the currency is traded at $ 6,144.

A few earlier analysts predicted that the BTC would fall to $ 6000, making a reversal of this amount. However, there are no hints of a reversal, just as fundamental reasons for the fall of the rate of the first crypto currency.

The causes of the fall
"Perhaps there are big players with information that is unknown to the general public and the media. In our opinion, the reason for the fall is psychological. Investors who counted on breaking through the level of 6.8 thousand dollars and resuming growth saw that their expectations were not justified." said Pavel Salas, CEO of the Tokenbox platform.

Salas also stressed that this behavior of the BTC course "frightens all market participants", since it is not possible to calculate how much his exchange rate will fall, and the recovery period can take an indefinite amount of time.

"The most obvious closest support level is the mark of 5.4 thousand dollars, from which the wave of growth started in November last year," he said.

Let's pay attention, that after the BTC, the altcoyes flew down. For example, such crypto-currencies as ETH, BCH and XRP fell by 8.35%, 10.16% and 6.61%, respectively, per day.