Following a long period of sideways trading, Bitcoin (BTC) has now broken down below its previously established support level around $3,500. Today’s drop appears to have allowed BTC to establish support in the $3,400 region, but further volatility could easily push it down towards $3,000, where the cryptocurrency has significant buying pressure. Analyst are conclusively...The post Bitcoin: BTC Stabilizes After Sinking Below $3,500, Analysts Claim it is Likely to Drop Further appeared first on NewsBTC.
