Bitcoin May Face Price Volatility Amid Mt. Gox Coin Releases and Government Sales, Says QCP Analysis

Bitcoin (BTC) may experience a period of sideways movement, according to an analysis by the investment firm QCP. The price of Bitcoin fell below $61,000 once again after a decline in the last 24 hours, according to CoinGecko data. Over the past week, Bitcoin has depreciated by 5.6%. QCP analysts observe that the $58,000-$60,000 range

Source: CoinOtag