Bitcoin dropped for a second consecutive session on Thursday, as price moved towards a key point of support. Today’s sell-off has sent the cryptocurrency below $29,000, with the coin now trading at a ten-day low. Ethereum fell to a one-week low in today’s session. Bitcoin Bitcoin ( BTC ) was once again in the red on Thursday, as traders continued to secure gains from last week’s bull run. BTC /USD fell to an intraday low of $28,596.91 earlier in today’s session, which comes a day after hitting a high of $29,509.35. This is the lowest point that bitcoin has hit since April 10, when price traded at a bottom of around $28,100. Looking at the chart, Thursday’s move saw BTC fall under a recent floor at $28,600, with the relative strength index (RSI) also dropping toward a floor of its own. At the time of writing, the index is now tracking at 51.47, which is marginally above the aforementioned support at 50.00. BTC has already moved away from earlier lows, and is currently trading
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