It’s been a long 2018 for Bitcoin, but because the price ran up so much towards the end of 2017 and into January, up until this point it stayed off the new low list even after losing more than two-thirds of its value.
Partly because of lower numbers falling off and a 10% breakdown in prices today, Bitcoin made its first 52-week low of 2018 today. What’s pretty amazing about the chart of bitcoin is how prior to today support at the $6K level was so strong. Once that support failed, though, prices fell fast.
