Bitcoin [BTC] Technical Analysis: Bear drags the coin through mud

The cryptocurrency market has been bleeding for the past few days and many coins which reigned the market during the bullish phase have fallen prey to the bear. Bitcoin [BTC], the kingpin, is one of the coins which has suffered the burn of the bearish market.

At the time of press, BTC was valued at $3,662.5, with a market cap of $64 billion. The coin registered a 24-hour trade volume of $5 billion, with a miniscual growth of 0.01% over the past day. The coin shows an overall dip of 5.48% over the past week. The coin has been falling and the 24-hour fall of the coin is 0.87%.

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The post Bitcoin [BTC] Technical Analysis: Bear drags the coin through mud appeared first on BlockBoard.

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