Bitcoin (BTC) Keeps Closer to $7,400, Further Correction Expected By Cryptovest

© Reuters. Bitcoin (BTC) Keeps Closer to $7,400, Further Correction Expected

(BTC) started making its long-awaited downward move, creating expectations of a pessimistic end for 2019. BTC crashed within minutes into the $7,700 territory, then extended the losses to a daily low of $7,469.32. The continued slide in BTC is a wakeup call to those that predicted a non-stop appreciation.

BTC traded at $7,457.55 on Thursday as of 7:40 UTC, as accelerated selling expanded volumes to above $22 billion in 24 hours. More than 2.9 billion BTC were traded, returning the leading coin to higher volatility.

This article appeared first on Cryptovest

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