Bitcoin Will Drop Near $3,500 Before a Major Rally: Trader hutto

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After achieving $4,097 in global average price according to data provided by Coinmarketcap.com, the bitcoin price has retraced to $4,027 and below the $4,000 mark in some major markets. As bitcoin fell by just over 1 percent against the U.S. dollar, the valuation of the crypto market declined from nearly $142 billion to $139 billion in a matter of hours. Speaking to CCN, a widely recognized cryptocurrency trader known to the community as “The Crypto Dog” said that bitcoin could still hit the $3,500 mark in the short-term and that the conditions of the market haven’t changed in the past
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