On March 12, the Bitcoin price decreased by 43 percent in a single day. This was the biggest daily percentage drop in BTC's history. The next day, the price briefly reached a low of $4000.
Bitcoin (BTC) Price Highlights
The Bitcoin price decreased by 43 percent on March 12.
It has created a massive bearish engulfing candlestick.
There is support at $5300 and $3500.
The
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Valdrin is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets at the Barcelona Graduate School of Economics he began working at the Ministry of Economic Development in his native country of Kosovo. In 2019, he decided to focus full-time on cryptocurrencies and trading.