Bitcoin falls to new lows below $3,180 on the eve of the anniversary of its peak price
|BTC/USD hit a new low just under $3,180, extending a gradual slide. It sets the lowest price since September 2017. The cryptocurrency dropped gradually from a recovery attempt around $3,600 and suffered slow losses throughout the week.
The most recent slide comes nearly one year after Bitcoin hit an all-time high near $20,000. Since then it lost over 80% of its value. The most recent sell-off began exactly one month ago, on November 14th. Until then, the digital coin traded in a range above $6,000. It lost around 50% in one month.
Support is seen at $3,000 and resistance at $3,340.
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