Bitcoin Just Dropped Below $60,000. History Says This Is What Happens Next.
When it comes to the world's most valuable digital asset, the market continues to express just how bearish it has become.
Overview
On June 24, Bitcoin (CRYPTO: BTC) briefly dipped below $60,000. But as of this writing in the evening, it has traded back up to almost $61,000.
Nonetheless, the market is giving us a clear message: It wants nothing to do with the dominant cryptocurrency right now. Bitcoin is currently off 52% from its all-time high. Fear is winning the battle over greed.
Details
Investors can learn a lot by studying the past. When it comes to the most valuable digital asset, history shows us what happens next.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.