Overnight, during the Asian session, Bitcoin fell below $6,000.
Right now, there is no good news out there to give people any reason to buy the cryptocurrencies. Banks are coming forward and forbidding their customers to use their credit cards to buy any cryptocurrency. Many authorities are saying the cryptocurrencies are a huge bubble to burst.
Most notably, Dr. Doom, Nouriel Roubini, said Bitcoin price would crash to zero, and called it the biggest bubble in the human history.