28 Nov Bitcoin price news: How bitcoin may CRASH further in 2019 – Crypto CRISIS as BTC PLUMMET…
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Bitcoin (BTC) has experienced a torrid November, which has seen the flagship cryptocurrency’s value falling some 45 percent so far. BTC began November at £4,981 ($6,341), but its price at 8.45pm GMT on November 27 is just £2,859 ($3,640), according to CoinDesk.com. And Vinny Lingham, the CEO of Civic, believes the market’s pessimism about bitcoin’s short-term prospects will continue into the new year.
The $3,000 (£2,356) support level will likely be maintained with buy orders being set in the lower range of $3,000 to $3,500, Mr Lingham believes.
I think it stays in the range between $3,000 to $5,000 at least for three to six months
He told CCN: “I think it stays in the range between $3,000 to $5,000 at least for three to six months.
“I do not think we break through the support level of $3,000 just yet.
“I think there is a lot of buying in the short-term around…
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