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Market Analysis: Bitcoin (BTC) Drops Below Critical $3,900 Level, All Major Cryptocurrencies Down More Than 10%, Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), EOS, Cardano (ADA), IOTA, and Monero (XMR) Down 15 Percent

​ https://i.redd.it/jvwd96r80n921.png https://cryptoiq.co/market-analysis-bitcoin-btc-drops-below-critical-3900-level-all-major-cryptocurrencies-down-more-than-10-ethereum-eth-bitcoin-cash-bch-litecoin-ltc-eos-cardano-ada-iota-and-monero/ Bitcoin (BTC) has dropped $430 (11 percent) to $3,590, placing it well below the critical $3,900 level. $3,900 has been the level to watch since that was the price of Bitcoin when the December futures contract expired on CME and is likely the level where CME Bitcoin futures traders took out their positions for the month. Bitcoin (BTC) has faced stiff resistance at the $3,900 level multiple times this month but managed to go above it the past few days after a short squeeze, which was...

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Published By: Reddit - 10-01-2019