The price of Bitcoin went below the price of $64,000 on the 12th of November, as it came down from its new all-time highs.
The pair had previously spent days tracing sideways- a form of behavior that still didn’t show any signs of coming down.
Galaxy, a trader on Twitter, stated that a drop to a price of $59k which would then follow some consolidation could be the best way to function for Bitcoin in the bull run.
The fluctuating tale of Bitcoin was reciprocated among most of the altcoin markets, with Ether seemingly matching the roughly daily losses of BTC.