Bitcoin Price Fumbles: Is It a Price Correction or Crash?

Bitcoin Price Fumbles: Is It a Price Correction or Crash?

Bitcoin Price

Bitcoin (BTC) price continues to trade in the narrow range over the last couple of days; BTC price plummeted to $6600 mark yesterday before paring some losses in Thursday trading. The price of the coin has traded in the $6500 to $7500 range since the start of this month, due to the tug of war between bulls and bears. Bitcoin price trades around $6800 at present, down 12% in the last seven days and down almost 65% from its all-time high.

The slump in Bitcoin price has created a broader selloff in crypto markets. …

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