The Bitcoin markets were in for a rude shock in yesterday’s trading session as the price plummeted from $264 to $242, losing more than 8% intraday. The sellers have booked partial profits which helped the price recuperate to $246.88.
However, the negative price movement should not have come as a shock to my readers as I have been repeatedly emphasizing that Bitcoin may hit $230 in the medium term. And the recent collapse has only […]