Bitcoin has experienced another price drop over the past 24 hours and is now sitting at just over $7,400. While the price falls have been small over the last two days (about $100 each), bitcoin remains on shaky ground, and the bears have not yet given up the reins. Analyst John Navin from Forbes says that for bitcoin to really enter an “uptrend,” it would have to strike the $18,500 mark. At press time, the currency cannot be labeled as a spiking coin, particularly because its December range was so high ($19,000+), so either way one looks at it, bitcoinPowered by WPeMatico
