Major Reasons that Pushed Bitcoin’s Price to Fall at a Rate of 6% After Reaching $15,800
Bitcoin’s price has this tendency to get stuck between lower and upper limits. These are called the resistance points and once it reaches this stage it is difficult for its price to get past this resistance. This happens every once in a while and then Bitcoin needs this big push to go beyond the previous limit and set new price records. It happened last month when finally, Bitcoin price moved beyond the previous threshold of $15,840.
However, it didn’t last long and soon it came crashing down with a rate of 6% which is considerably high as compared to its