With the bulls lacking strength to push bitcoin
price to $7000, the king of cryptocurrencies has been found sliding again. A continuation in price fall during the weekend may find a support point at previous low around $5803. A break from this support may send the king looking for cover at $5000 or just below. Though most investors wouldn't want that, one of them namely Katy wood
founder and C.E.O of Ark investment
in an interview
with coindesk, stated that its healthy for the ecosystem.