Prices seem like breaking below the long term supporting trendline and likely to fall into the indicated zone before they continue with the uptrend .Bictoin prices fell by £761.21 ($1,000) in just over 48 hours after strong performance at the start of the week.On Wednesday, the popular digital currency flared to an unprecedented price of more than £5,937.43 ($7,800) in the wake of the cancelled Segwit2x update.
The plummeting price comes on top of a hard fork that took place a few weeks ago, and will now come into effect with a new token known as bitcoin gold (BTG).BTG aims to keep most properties of the bitcoin protocol, but will disallow the use of specialised chipsets in the mining process.
The plummeting price comes on top of a hard fork that took place a few weeks ago, and will now come into effect with a new token known as bitcoin gold (BTG).BTG aims to keep most properties of the bitcoin protocol, but will disallow the use of specialised chipsets in the mining process.
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