By CCN: In the last 24 hours, the bitcoin price has dropped by around four percent against the U.S. dollar, leading major crypto assets such as ethereum, bitcoin cash, and XRP to drop by more than seven percent. The anticipated pullback of both bitcoin and the rest of the crypto market comes after technical analysts like Josh Rager suggested that a healthy bitcoin pullback is likely due coming off a powerful 110 percent year-to-date gain. “BTC 30%+ pullback coming? Yes, eventually. If history repeats, there should be plenty of strong pullbacks on the way to next peak all-time high. There
The post Predictable Bitcoin Drop Snowballs to Major Cryptos Plunging 7% appeared first on CCN
source https://www.ccn.com/major-crypto-assets-plunge-7-bitcoin-pullback
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