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Bitcoin Drop Could Reach 30%
Summary: In only 24 hours Bitcoin has undergone a 5% plunge dropping from $7,900 to $7,500 according to CCN. Over the past week the price of Bitcoin has fallen by more than 10%. Technical analyst Crypto Theis sees this as the beginning of bigger trend. Theis pointed out that historically anytime Bitcoin has hit the 92 ...
In only 24 hours Bitcoin has undergone a 5% plunge dropping from $7,900 to $7,500 according to CCN. Over the past week the price of Bitcoin has fallen by more than 10%. Technical analyst Crypto Theis sees this as the beginning of bigger trend. Theis pointed out that historically anytime Bitcoin has hit the 92 to 95 range on the relative strength index that a 30% drop usually follows.
