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Bitcoin’s price continues to slide despite the oversold conditions signaled on the technical charts for the last six days.
The price of bitcoin fell below $5,000 on Monday for the first time since October of last year.
Bitcoin (BTC) dropped to its lowest level since October 2017 on Monday, as losses are seen across the broader crypto market.
If past events are a guide, bitcoin could in for a recovery rally, following the formation of a "long-legged doji" on the charts Thursday.
Bitcoin is looking oversold after a drop to 13-month lows Wednesday and could defend immediate support at $5,000 in the next few days.
Bitcoin’s (BTC) price woes may not be over just yet, as a specific "death cross" indicator is about to reoccur for the first time in four years.
Bitcoin could be in for a recovery rally, having defended a key support level over the weekend.
A currency is nothing if not widely used, and that can't be achieved unless people make some cost-incurring effort to encourage widespread usage.
The capitalization of the cryptocurrency market can be charted like any other asset and provides unique insight into the bias of the broader market.
Cryptocurrency exchanges will likely have to reckon with VPN access as part of any regulatory or law enforcement actions for market manipulation.