Bitcoin Price Drops to $7,200, but It Might Surge to $7,800 Sooner Than You Think

Story by: Alex Dovbnya

  • Bitcoin price might witness a relief bounce to the $7,800 area if a CME futures gap gets filled

Bitcoin Price Drops to $7,200, but It Might Surge to $7,800 Sooner Than You ThinkCover image via 123rf.com
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On Dec. 1, U.Today reported that crypto traders expected the Bitcoin price to bounce back in case of a daily close above the $7,400 level. However, the miracle didn’t happen, and the BTC price continues to keep spiraling downwards.

At press time, Bitcoin is sitting at $7,247 after dropping to an intraday low of $7,189, CoinStats data shows.

Bitcoin Price

image by coinstats.app
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