Mike McGlone warns: #BTC could free fall to 10,000 USD!
Bitcoin continues to plummet amid increasing selling pressure
The cryptocurrency market continues to witness a new wave of sell-offs, pulling Bitcoin (BTC) down to the 87,000 USD region for the second time in just 24 hours.
Just a few days ago, this currency was still trading above 103,000 USD, but the sharp decline in November has made the negative trend increasingly evident.
According to analysts, this drop reflects the weakening structural integrity of the market and the risks for speculative assets are rapidly increasing.
Bitcoin continues to plummet amid increasing selling pressure
The cryptocurrency market continues to witness a new wave of sell-offs, pulling Bitcoin (BTC) down to the 87,000 USD region for the second time in just 24 hours.
Just a few days ago, this currency was still trading above 103,000 USD, but the sharp decline in November has made the negative trend increasingly evident.
According to analysts, this drop reflects the weakening structural integrity of the market and the risks for speculative assets are rapidly increasing.
