Post
Topic
Board Trading Discussion
Re: Bitcoin Drops To New Lows at $6,600
by
weeks65
on 14/06/2018, 04:57:15 UTC
Sharp decline follows negative news, after the hack of a small South Korean crypto exchange.


Read Bokka Crypto Technical Analysis BTC/USD 12.06.18: https://bokka.com/cryptocurrency-news-bitcoin-drops-to-new-lows-at-6600
You can see that after bitcoin fell sharply and hit $ 6100, then at the moment there are signs of recovery and is at $ 6500. According to my analysis, the bitcoin price could reach $ 7100 then turn around and will continue to fall sharply. Therefore, I think that at this time you may trade bitcoin and altcoin only in the short term to minimize the risk.