On yesterday’s report, CCN noted that the $7,700 mark is an important support level for bitcoin and if BTC fails to secure momentum above $7,700, a short-term decline to the $6,000 region is likely. Today, on June 5, bitcoin fell to $7,400, increasing the probability of a further drop to $6,900. End of Another Corrective
The post Bitcoin Price Drops to $7,400; Retreat to $6,900 Likely as Market Bleeds appeared first on CCN
Source: CCN.com
Original Post: Bitcoin Price Drops to ,400; Retreat to ,900 Likely as Market Bleeds
