Analyst: Bitcoin Price Drop Could Put its Gold 2.0 Status in Jeopardy

Over the past month, Bitcoin saw an unprecedented period of trading within a tight range, which has finally broken for the worse. The move could mark the continuance of the persisting bear market and adds a significant amount of work for bulls looking to reverse the market trend.
Today, Bitcoin’s price took a sharp fall from approximately $6,600 to just under $6,300, marking the first major breach of the previously established trading range. Over the past month, Bitcoin has been trading be