Bitcoin has already seen several crashes in its nine-year history. This would bring cryptocurrency businesses in line with the rest of the Korean tech industry. It stands to reason that market volatility could play out on a more dramatic scale than previous years. Copyright 2018 Newsweek Media Group All Rights Reserved.
7,000 signals a resumption of the sell-off from the record highs in December, according to technical studies. It’s debatable whether investing in a range of coins limits downside as Markowitz’s MPT framework would suggest, but it might help capture upside. Bitcoin could be in for a big move as the daily trading range tightens, but will the bulls or the bears gain the upper hand? 8,870 if the bulls are able to beat the 50-week moving average resistance.
Report Suggests 80 Percent Drop on the CardsA token called Tether could play a role. Bitcoin’s crashing price could fall lower. Tether, a crypto-token tied to the value of a U. What’s worse, the current slide in the value of bitcoin seems tied to news around the controversial token. The report, released January 24, was written under a pseudonymous hash as the author was concerned about public response.