"Bloody Monday" (December 16th) has struck, as cryptocurrency markets have flashed red once more, with altcoins bleeding the most.The premier cryptocurrency, Bitcoin, corrected below the $7,000 support line, down around 5% to around $6,800, marking a new low since the flash crash on November 25th, and nearing the.Nevertheless, Bitcoin is still within its correction phase, and increasing accumulation may highlight that a steady bounce is expected for the long-term, albeit with some volatility in the short-term.
