For some couple of days now, the price of bitcoin has been between 10k - 11k (which i actually thought would take a support at the said range).
Knowing now that it has gone below, what is your take on the current situation.
You can see that bitcoin prices are recovering in recent days but it can be seen that the weak recovery and the ability to surpass the $ 7200 threshold is very difficult. Therefore, I think bitcoin prices will continue to fall sharply from now until the end of 2018. The market is in the downtrend phase so bitcoin prices will continue to fall deeply.