Bitcoin continues to track lower following news of US criminal probe


Bitcoin now down 3.6% on the day on Coinbase

In case you missed it, this was the news earlier as the US Justice Department is opening up a criminal probe on whether or not traders are manipulating the price of Bitcoin and other cryptocurrencies (hint: they are, it is a market after all).
Price is now trading under the 2 February low, which stalled a decline on 18 March into the daily close – same as yesterday. The next support level will be from the 18 March low at $7,310 and if that breaks it is then a move towards the $7,000 psychological level with further support only seen around the $6,500 region.
Read more at: Forex Live

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