This Week’s Biggest Losers Revealed as Bitcoin Slides to $106K: Weekend Watch

Bitcoin’s price recovery since Friday was stopped at just over $107,000, and the asset has retraced by a grand since ￰0￱ most altcoins are relatively sluggish on a daily basis, the weekly performance shows a clearer and violent picture for ￰1￱ Back to $106K It has been a hell of a ride for the primary cryptocurrency that began on October 10 with a massive price plunge from over $121,000 to $110,000 on some exchanges and to $101,000 on ￰2￱ initial propeller was the threats by US President Trump against China, but the actual pain came as the overly leveraged market came undone. Nevertheless, BTC bounced off rather quickly and recovered some ground during the previous ￰3￱ kept climbing as the business week progressed and topped $116,000 on Tuesday.

However, it was stopped there and pushed south to $110,000. This resistance held at first but was lost on Thursday when the bears drove it south to $108,000. Friday saw another leg down that this time resulted in a price dump to under $104,000. The cryptocurrency finally reacted with a relief rally when Trump said the tariffs on China won’t ￰4￱ pumped to $106,000 and even $107,000 yesterday, but was stopped and pushed south to the former as of ￰5￱ market cap is down to $2.120 trillion on CG, while its dominance over the alts is just over 57%.

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