We reported earlier today that Bitcoin was on the brink as the crypto market weakened.

Following the least volatile few months in the history of Bitcoin, the largest market-cap cryptocurrency looks increasingly fragile.

We predicted that if Bitcoin couldn’t cling on to support at $6,150 then it could transcend the market into a phase of capitulation and yearly lows. This is now looking evermore likely.

Altcoins also look extremely bearish, and the top five cryptocurrencies price crash is double digit.

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Stay tuned throughout Thursday and into Friday morning as we report further developments in the sudden market drop and then the much-anticipated Bitcoin Cash fork.

Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.