Bitcoin falls below $4,500 for the first time since October 2017
Price looks to be holding a break below the downwards trendline support near $4,600 now. From a technical perspective, the September 2017 low @ $2,975 looks to be next key support target for Bitcoin. That's a painful one to swallow if you're a HODLer.
Since 14 November, price has now dropped by more than 30%. Doesn't sound like much compared to the gains posted in November and December last year but let's face it, the crypto space has been a different ball game this year.
This looks like it will continue to get a lot worse before it gets (if it even does) better for Bitcoin.
