Bitcoin Price Watch: Currency Falls By $500 | NullTX


In an extremely disappointing move today, the father of digital currencies has fallen by an additional $500 and is now trading for just over $6,200. This is very disheartening news, as recovery does not appear to be in sight, and the $5,000 range for bitcoin seems imminent – a fate we were all hoping to avoid.

Analysts like Willy Woo suddenly appear to be the ultimate “knowledge hounds” when it comes to bitcoin’s stance. A few weeks ago, the financial expert explained on Yahoo! that he saw bitcoin dropping into the mid-$5,000 range (likely around $5,500) before any sort of recovery could be expected.

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