Bitcoin Price Continues to Decline as Bears Continue to Reign


Today will prove to be another difficult day for all cryptocurrency markets. The bearish pressure is not relenting by any means, as market makers are intent on keeping the prices down for some time to come. With the Bitcoin price now dropping below $8,200, it seems to be a matter of time until the value dips below $8,000 once again. That would certainly trigger an even bigger sell‐off in the altcoin department.

It has been documented over the past few months how the Bitcoin price is seemingly incapable of catching a break. No solid positive momentum has been achieved at this stage, and it seems things will not necessarily improve in the near future either. The past three months have seen some attempts at recovering losses, but ultimately seem to result in lower lows for the Bitcoin price.

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