The biggest crypto asset by market value fell about 15% this week to ~$10,145 recently, the biggest five-day slide since November, according to Bloomberg. (Since the Bloomberg article, which published at 9:48 AM ET, bitcoin has regained some ground and trading at ~$10,400.)
For bitcoin to break the trend, it would have to rise above its latest high of $12,316 reached on Aug. 6. If it doesn't exceed that level, that's likely to validate the current down channel.
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