Following a week or so of relative inactivity in the mid $10k level, bitcoin price has broken down through support today. The asset has traded in five figures for the best part of this month but found itself back in the $9k zone during late trading yesterday. Bitcoin Could Drop Below $9k A death cross formed on the one hour chart earlier this week and as if in response, the downtrend intensified. Yesterday saw aRead MoreThe post Bitcoin Price Could Drop Below $9000 Sans Buy Pressure appeared first on Bitcoinist.com.
