The $BTCUSD has fallen again during the trading session, losing 3.25% by the time the Americans started to go home.
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More importantly, we are testing the lows again, suggesting that we are getting ready to break down even further. Yes, there was a time of calm for a while, as the market tried to stabilize itself. However, that has completely fallen apart, and it looks as if the market is ready to continue dropping.The US dollar had been a bit stronger during the day on Monday, so it does make a certain amount of sense that Bitcoin would suffer. After all, Bitcoin tends to move in the opposite direction as it is thought of to get away from central bank monetary policy when quantitative easing is in full force.
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