Bitcoin fights for the level of $ 3700, but the trend remains downward

In the last night, the price of Bitcoin decreased by more than 6% and struggles for holding $ 3,700. Despite the failed attempt to restore up to $ 4,000, the course has been bounce for the fourth time from the emerging new support level.

Flagship Cryprints for several weeks gradually lost its position due to a strong downward trend, but on November 25, the market was briefly inspired, which led to correction and short-term increase. However, despite several rebounds from $ 3,700, analysts talk about the absence of factors that could prevent further reduction in Bitcoin’s price (

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However, the situation began to influence

To predict the end of the fall as well as the beginning of the recovery, it is impossible, but the investment company analyst Exante Victor Arukov told BitCryptonews about