Bitcoin Price Drops Back Below $9,000

Bitcoin Price

Bitcoin price (BTC) retreated below the support level of $9,000 for the first time since the start of this month. Although bulls are firmly defending the cryptocurrency markets, the recent bearish trend was supported by Warren Buffett and Bill Gates downbeat assessment of bitcoin price.

“Very quiet. The bulls will say it’s an accumulation phase. The bears will say it’s the markets turning cautious based, at least in part, on Buffett, et al,” wrote Jeff Koyen, President of 360 Blockchain USA.

Bitcoin price traded near the $8,700 level early today – putting …

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