|BTC Price: $3,287Last 7 Days: -7.5% 1month: -40.56% 12months: -83.23%
With BTC down another 7% this week, $3,000 is thus far proving to provide some decent support although many feel that we are still yet to “bottom out”. Any sustained breakdown below the $3,000 will put the predicted $2,400 level firmly in sight, which should hopefully exhaust the bears and tee the market up for a more positive start and upswing into 2019. As we edge towards the festive period, volume has appeared to drain out of the market over the last 7 days (down 24%) with volume now having halved (from $6.5bn) over the last 3 weeks.
10th December: $4,923,702,664 (BTC price of $3,557)
17th December: $3,717,441,249 (BTC price of $3,287)
24% decrease in trading volume in the last 7 days