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Bitcoin Fell Below $7000 To Lowest Since May. How High Could It Go?

Bitcoin Fell Below $7,000 To Lowest Since May. How High Could It Go?

Bitcoin fell below its $7,000 support level to its lowest price since May 2019 with predictions that it could tumble further if it breaches the $6,500 level, a technical gauge by Bloomberg suggested. Cryptocurrencies have been under pressure in recent months as China takes steps to crack down on the digital currency space.