Bitcoin (BTC) Drop below $5,000 Seen as Probable Scenario
Cryptovest
Published Nov 19, 2018 06:55AM ET
Updated Nov 19, 2018 08:01AM ET
Bitcoin (BTC) Drop below $5,000 Seen as Probable Scenario
Tether (USDT) liquidity had helped sustain BTC prices around $5,500 for a few days, but they resumed their slide on Monday, falling rapidly after 8:00 UTC.
BTC went down to $5,324.87, making even more realistic predictions of yearly lows of under $5,000. Projections include a tumble to $3,500 and even a return to $1,000 levels.
Instead of enjoying a year-end rally, BTC is underwater compared to November 2017. Back then, it peaked at $8,101.91 on this day and b...
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Written By: Cryptovest
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