Bitcoin (BTC) fell short-term and collapsed at $3, 900. As of 7: 45 a. m. on the 12th, global bitcoin prices are investing at 3, 876, down 2. 12 percent from 24 hours past.
Bitcoin has had a steady flow over the past few nights at $3, 900, but has had a hard time surpassing often the strong psychological resistance of $4, 000. After all, the company seems to have turned downward under pressure.
"Bitcoin continues to struggle beyond the $4, 000 mark, which proves to be a strong levels of resistance that requires significant purchase pressure to escape conclusively right from high prices, " said NewsBTC, a news agency specializing in bitcoin, referring to this downward trend in bitcoin. "Despite the positive investing behavior of bitcoin over the past few weeks, the total crypto-transaction volume has only increased significantly in bitcoin volume.
"Although transaction sound level is decreasing along with reduction in volatility, overall market will express greater volatility as we start to make bigger price changes around the near future, " said crypto Dog, an analyst at crypto-money.
"We are showing signs based on technical charts that there is certainly pressure to buy Bitcoin. " said Filb, a famous Twitter expert and trader, who predicted that if Bitcoin does not collapse down the page $3, 400, it could surpass $5, 000 by May.
Meanwhile, matching to the Korean ì½”ì¸ë¦¬ë”©ë°© Media Coingape, Bitcoin's strong-sector and Gemini's cryptographic currency exchange exchange Winklevoss recently interviewed CNN in the U. S. saying that money is the oldest and most powerful social network in this future, and that the most positive social networks will be organized.