Not a good day for bitcoin owners. Also down on the week.

Down 18.9% from the Thursday high

The price of bitcoin got hit hard today.

Early in the session, trend line support held and there was a modest bounce back above the 100 hour MA (blue line), but that did not last long and falls below trend line, 200 hour MA and the $7000 level turned buyers into Friday sellers. At the lows the price moved some 18.49% from the Wednesday high and trades at the lowest level since November 1.

Not a good day for the crytocurrency and lower on the week too.