Art Cashin says bitcoin may be approaching a ‘trapdoor’ that sends it even lower

bitcoin cashin art trapdoor approaching
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Art Cashin says bitcoin may be approaching a ‘trapdoor’ that sends it even lower

told CNBC on Thursday investors need to keep a close watch on the price of , as the world's largest cryptocurrency by market value was in the red on the first day of the third quarter. Bitcoin traded below $33,500 on Thursday morning, a little more than a week after the digital currency plunged below the key support level of $30,000. On June 22, bitcoin , sinking below $29,000, before rallying later in the day and ultimately turning positive. "It looks like it may be getting ready for a retest of $30,000, and that could be critical," Cashin said on

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