Global: Bitcoin Falls as Technical Indicators Point to More Pain in 2019

Bloomberg

Bitcoin is turning negative again. And the technicals aren’t looking too good either going into 2019. The largest cryptocurrency slumped as much as 5.9 percent to $3,668.09 on Wednesday, approaching the more than one-year low of $3,522.58 reached on Nov. 26. After a few days of relative stability, volatility has increased again in the wake of November’s plunge, which was the biggest monthly drop in over seven years.

image via Shutterstock

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