Bitcoin has plunged through 6,000 again and its looking weak
Helen H. Richardson/The Denver Post via Getty Images
Bitcoin has collapsed through the ,000 USD for the second time this week, and is under pressure in morning trade.
The world's biggest cryptocurrency dipped overnight, before selling momentum increased shortly before 8 a.m. AEST this morning.
A short time ago, prices were still declining and had fallen below ,900 USD.
Bitcoin is currently holding just above weekly lows, after prices bottomed out beneath $US5,800 on Sunday before some buyers stepped in.
The ,000 USD mark has been highlighted by traders as a key level of technical support. Some analysts have suggested that a sustained break below that figure could see prices fall towards ,000 USD.
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