Bitcoin Watch – Bitcoin lips back toward critical support despite recent gains

Bitcoin and all major cryptocurrencies slipped almost 5% in the last 24 hours, despite positive gains over the last week. Bitcoin itself feel around USD240 to USD6,241, the lowest value since 08-Sep-2018. Fundstrat Global Advisors technical strategist Rob Sluymer believes a break below USD6,100 would signal a possible break of USD5,800, with potential risk to USD5,000. The recent fall has dragged the market cap well below USD200 billion at USD193.7 billion.

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