Bitcoin Fails to Jump $6,000, Top Analyst Warns Further Breakdown

Bitcoin is in for more jump scares after having fallen by more than 50 percent this week.
With the expanse of Novel Coronavirus rippling through financial markets, bitcoin plunged from $10,000 in February to $3,858 as of Friday. On the same day, the cryptocurrency recovered to hit an intraday top at $5,995, almost failing to break above $6,000, a level that historically served it as strong support/resistance.
Entering the weekend session, bitcoin is now down by close to 4.5 percent. The cryptocu