Bitcoin fell to new lows last week as the downtrend continues. Prices dropped to $6,420 dollars per coin before a temporary bottom was found. On LTC/USD a low of $108.44 was hit before prices recovered somewhat.
Bitcoin Bounces From Lows
Bitcoin is quoted at $7,378 dollars right now, a gain of 15 percent from the lows. However, this bounce is still very much in the realm of ‘dead cat’, as counting from the start of March bitcoin is down by 29 percent.
Read more: https://blog.fxopen.com/bitcoin-bounces-from-lows/
looks like we are still on a downtrend at least until May
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