It's been more than a week since the price of bitcoin hit a two-year low at $15,500. Questions are invariably forming on whether the market bottom is in. Chart of the Day has the data, presented by cryptocom:
It's now been more than a week since the price of bitcoin hit a two-year low at around $15,600, and price charts suggest a drop down to $13,000 is still possible.
Separately, gold-backed cryptocurrencies like PAXG and XAUT have performed positively in the past seven days, decoupling from the broader market swoon. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
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