3 Possible Reasons For Bitcoin's Price Crash to $38K

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3 Possible Reasons For Bitcoin's Price Crash to $38K
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Here are three possible reasons for Bitcoin's recent downturn as it reached a 6-month low.

3 Possible Reasons For Bitcoin’s Price Crash to $38KHere are three possible reasons for Bitcoin’s recent downturn as it reached a 6-month low.

The S&P 500 closed yesterday’s trading session down 1.1%. The NASDAQ Index is down 1.3% on the same time frame. The Dow Jones is down 0.89%.that the Nasdaq 100 futures index tumbled following a disappointing earnings report from Netflix. The shares of the streaming giant dropped over 19% during the extended trading session on Thursday once the document was out, showing a slowdown in the growth of its subscribers.

The market has been flashing faulty signals for the past few weeks and it seems as if the broader indices are finally breaking down.

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