Bitcoin Price to Bottom in Mid-November at Around $6,700: Analysis

Bitcoin took an absolute beating on Wednesday. For those who missed the memo, the cryptocurrency saw a 10% drop within an hour or two, plunging under the key level of $7,700 for the first time in around five months. This dramatic move came after countless analysts expected volatility to hit markets, citing the Bollinger Band amongst other indicators.
Related Reading: Bitcoin Price En Route to Descending Triangle Target of $5,000
 
Bitcoin to Bottom in Three Weeks… at ~$6,500
If