Crypto Markets Shed $10 Billion as Bitcoin Double-Top Pullback Begins24

The longer Bitcoin price remained stuck at resistance around $8,000, the more likely it was to correct. Just yesterday analysts were talking of a big run up over $9k but that has all changed during Asian trading this morning as a pullback has initiated, dropping over $10 billion from crypto markets.

A few hours ago Bitcoin plunged 6.7 percent from an intraday high of $8,040 to $7,500 according to Tradingview.com. Since then it has recovered marginally to trade at $7,640 but the long-awaited pullback appears to have finally begun.

Original source
https://bitcoinist.com/crypto-markets-shed-10-billion-as-bitcoin-double-top-pullback-begins/

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