The 45-day rally in bitcoin is finally over. Prices hit a low of $5,426 three days ago. We have since bounced back but are still far away from the all-time high. Somewhat surprisingly Litecoin has gained ground during this turmoil. Bitcoin Rally Ends

The long bitcoin rally is over, at least on the daily charts. Prices had a sharp correction of $2,361 dollars in the five days after segwit2x was cancelled. As explained previously, segwit2x was a plan to increase the maximum block size from the current 1mb to 2mb, thereby allowing more room for transactions and lower fees. Read more: