Quote from: hugeblack on August 08, 2018, 07:24:44 AM

Quote from: Elmer1 on August 07, 2018, 11:00:46 PM

The worst does not appear to be over for the bitcoin price,

The movement on the price up and down is not bad, remember the price was about $ 6200 two weeks ago.

Quote from: Elmer1 on August 07, 2018, 11:00:46 PM

as CCN reported,

Institutions such as CNN are the worst place to track news about cryptocurrencies. Most of their analyzes rely on a financial system approach with disdain for cryptos, so if you want to invest in those currencies avoid such channels.

Quote from: Elmer1 on August 07, 2018, 11:00:46 PM

At 19:30 UTC, the bitcoin price took a major downward pivot, falling from $7,100 to $6,900 in less than 45 minutes. At that point, BTC/USD began to test the $6,800 level,

Perhaps the postponement of ETF triggered a situation of selling so the price dropped significantly in a short time.

Quote from: Elmer1 on August 07, 2018, 11:00:46 PM

now that support at $6,800 has broken, it may be the case that bitcoin has not, in fact, found its 2018 bottom.

I do not think that price will stay at $ 6,000 for a while.

So what do you mean about this news ? This is a trusted or not ?