Bitcoin - Was that it for the fall?

in #btc6 years ago

Bitcoin fell sharply the past few days but is the worst already over?

Not according to one prominent trader featured on CNBC:

https://www.cnbc.com/2018/06/12/bitcoin-hasnt-hit-bottom-cryptocurrency-trader-says.html

He says that prices are likely heading to $6,250, then $5,900.

That second number is the big line in the sand.

Then you have $5k, that is where miners will likely stop mining according to him.

It sounds like traders and investors are now expecting prices to continue downwards...

Fun times.

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