Bitcoin On “Life Support” as Analysts Target Move to Sub-$7,000

Bitcoin (BTC) has plummeted into the $7,000 region today as bears continue working to erase all the gains that were incurred during the crypto’s meteoric rally in late-October, which may signal that significantly further downside is imminent for the embattled cryptocurrency.
Analysts are now noting that Bitcoin is “on life support” as it trades around a critical support level, and analysts are also noting that a lack of a decisive bounce at the cryptocurrency’s current pr