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Thread: Bitcoin (BTC) Falls 5% Amid Sudden Crypto Market Meltdown

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    Default Bitcoin (BTC) Falls 5% Amid Sudden Crypto Market Meltdown

    On Wednesday night, The Crypto Dog, a leading Bitcoin analyst, took to his Twitter page, which sports over 100,000 followers, to draw attention to the Ethereum/USD chart, noting that something might happen soon. The chart, which accentuated ETH’s wedge formation, indicated that a breakout (either up or down) was slated to happen.

    Just hours after his tweet, Ether, along with BTC and the rest of the cryptocurrency market (save for Tron’s TRX), began to plummet, basically out of nowhere. Crypto Dog subsequently took to his Twitter, writing “it did” in an evident nod to his previous post.

    At the time of writing, per data from Live Coin Watch, BTC is down 5.2%, with the asset currently finding a foothold at $3,850 a pop. This is the first time that Bitcoin has been under the $4,000 price level, widely regarded as a key psychological level, since January 6th.

    source https://ethereumworldnews.com/bitcoi...rket-meltdown/
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