IS THE BITCOIN PRICE CRASHING AGAIN?

The Bitcoin price is continuously on the move. Last week it looked like we were about to experience a new bull race. Unfortunately for many Bitcoin investors, that does not look like to be the case. The Bitcoin price peaked November 13th at 453 USD per Bitcoin, before it dropped to 369 USD per Bitcoin. Since then it bounced back up to 415 USD and is now on a free fall down to 355 USD per Bitcoin.
The question is now, what will happen to the Bitcoin price in the coming days? Will it continue to fall to 330 – 300 USD per Bitcoin, will it stabilize itself, or is this just a bear trap? What do you think?
Bitcoin price chart below from Bitcoinwisdom.com.

This post was published at Crypto Coins News on November 20, 2014.