Bitcoin's Update. $500 USD fall today. Huge disappointment...!!

in #bitcoin7 years ago

So what is happening in the market now....?? The price is falling too rapidly. Before we can even begin to analyze data the value changes and becomes so more unpredictable. As we were seeing that the price of bitcoin just touched the $10K USD and at the next moment it fell down too fast. While writing the article price of each bitcoin is $9,264 USD according to coindesk. The current state says that the price may actually go under $9k USD. This may affect the crypto market in many sections. Most of the investors will lose their hope to invest on crypto. But these things happen very frequently. So we have to understand the market and then invest on crypto. Charts for bitcoin is given below:

4 Hour Chart

4h chart.png

Daily Chart

daily Chart.png

Weekly Chart

weekly chart.png


Today's Open


$9,619.14

Today's High


$9,634.83

Today's Low


$9,188.66

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I'm not a financial advisor and these are only my opinions. I don't take any responsibility for any investments that you make based on my analysis. The information provided in this blog post and any other posts that I make are for informational purposes only. You should not consider this as financial or investment advice of any kind. You should always consult with a financial or investment professional to determine what is best for you. Follow me and upvote my posts to get future updates.



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After an increase of over 50% it was due for another pullback.

Yeah

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Thanks a lot for the support

This comment has received a 0.25 % upvote from @booster thanks to: @faisal1650.