Bitcoin Trending Lower With Possible Break from $30K Support

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Bitcoin Sees Falling Bull Market, BTC Price May Stay At $30K “For A While”: Report

According to a report by Cointelegraph, the price of Bitcoin (CRYPTO:BTC) has been falling since May. Its value has halved since its April peak of $63,745. Analytics service Ecoinometrics said in its recent tweet that this year’s correction from its all-time high is the second longest in bull market history. So the bitcoin price could stay in the $30,000 range for a while. In May, the price of bitcoin plummeted after Tesla Inc (NASDAQ:TSLA) owner Elon Musk said Tesla