Bitcoin Price Drops Below $200: Have We Reached the Bottom?
It appears the article that was written over the weekend was quite timely. A few days ago bitcoin reached the Denial phase of the famous cycle, now it appears to be at a point of Fear and Desperation going into Panic. Volumes are picking up to an appropriate level and price has followed surging lower as of this writing it reached a low of US$166 and is now near US$190. See chart below: Below is the bitcoin chart from the previous article with more comments added:
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