Bitcoin bubble! Cryptocurrency nosedives below $10,000 – Where exactly is BTC headed now…

Bitcoin bubble has burst again! Over the the past two years, on multiple occasions, investors have been witness to a chaotic falls in this cryptocurrency. At one moment we see it rising and another we see it plunging, causing massive losses to some investors. After raising false hopes, Bitcoin has done the same all over again. So, forget hitting $20,000-mark, what one needs to really think about is what it will take for this digital coin to retain the $13,000-level, which was its new 2-year high that it recently reached. 

Over the past 7 days, Bitcoin has dropped from $13,129.49 to not even near $10,000-mark at $9,992.01, as per CoinMarketCap.com data. This would be a drop of nearly 24%. It was in last 24 hours that Bitcoin plunged by over 8% or nearly $1,000. In previous trading session, the coin was near intraday high of $10,916.34, and plunged to $9,992.01. 

It was only last month that Bitcoin raised new hopes for cryptocurrency market that worst is over…