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24.01 / 21:59
Bitcoin price trend: New floor for cryptocurrency is $30,000; old supports destroyed
Bitcoin price destruction plummet has pushed it through just about every recent technical support level, forcing traders to now consider $30,000 as the next line in the sand. The world’s largest digital asset is mired in its sixth straight day of declines, with the token down roughly 20% over the past seven days. Bitcoin price is now 50% below its November peak and was trading as low as $32,970 on Monday, the lowest since July.
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