Bitcoin (BTC) turned sharply down in the new week. The asset slid below $8,150, breaking under a level seen as a potential support. BTC crashed to $8,135.89 as of 11:37 UTC on Monday, extending the slide from the past few hours.
Because of pricing anomalies, some exchanges see the asset sliding even under $8,100, with the potential to break down below the $8,000 mark.
— coinOK (@coinok) November 19, 2019
BitMex prices signal significant sell-offs, with volumes doubling overnight. The futures on this exchange bet on a price slide, setting BTC at $8,075.
This article appeared first on Cryptovest
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
The post Bitcoin (BTC) Quickly Falls Through Support Levels appeared first on Bit News Live.