Wednesday , June 16 2021

Bitcoin falls to $ 4,500 and declines to its lowest level in 2018

Other cryptococcuses fall between 15% and 20%.

Andres Octavio Cardona – [email protected]

After living the crypto-rebellious boom last year, marked with a record-breaking record bitcoin In December, when it was approaching $ 20,000 per unit, the beginning of 2018 marked the collapse of most digital currencies and doubts among people who are interested in investing for their convenience or not.

The dynamics have not changed at the end of the year, and the most popular crypto-quotes are quoted today at a price close to $ 4,500, or even touching $ 4,400, the lowest value ever seen in 2018.

Analysts say there are no specific reasons behind this new decline, and it is impossible to predict whether the value will continue to fall or return at a certain point.

Considering its evolution from the beginning of the year, bitcoin is a 66% retraction. "The market entered the wedge, with instability being so low," said Charlie Heiter, founder of the London Cryptocompare industry website on the technical scheme.

This quote was not observed since October 2017, when the gradual rise of a bitkin began, which led to its record price. At that time, other cryptores, such as Ethereum, Litecoin or Ripple, fall between 15% and 20% in relation to its value from the previous day.


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