- Dec 10, 2019
Bitcoin price fell below the key support level of $7,000 on 16th December and was trading at $6,940.82 at press time. The fall did not come as a big surprise for traders as the king coin has been registering daily lows in the past week. The next support is at $6,800 and if fails to hold that ground then $6,400 could be the next support level. Bitcoin started the year near $3,500 and then continued to rise in the second quarter and again started to fall in the final quarter.