What a day coiners, the market dips after several bad news. Bitcoin support level moves to 9.2K, the resistance is between 10 & 10.1K. We are shortening Bitcoin from 9.2K with a target of 9.8 & 10K. Closing below 9.2K is not healthy for BTC.
The SEC published a warning against unlawful crypto exchanges, Chinese Internet regulators block crypto exchanges on social media. Japan punishes seven crypto exchanges and suspends operations for 2 of them, Binance reversed irregular trades and resume operations.
Seems like Bitcoin toke a hit today after MTGox trustee Bitcoins & Bcash sell off creating market panic. What do you think about MtGox the living dead hacked exchange situation?