bitcoin nowadays very trending crypto everyone knows about the latest news.Bitcoin's 28 percent drop this week has turned the tide in favour of the bears, but a sustained break below $8,000 looks unlikely in the short-run, the price charts indicate.
Having registered losses for four straight days, CoinDesk's Bitcoin Price index (BPI) fell to a one-month low of $8,371 in Asian hours. The decline was in line with the bearish continuation pattern seen on the bitcoin (BTC) charts during the U.S. session. The sell-off has pushed the market capitalization of BTC below $150 billion for the first time since Feb. 14.
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