Bitcoin Must Hold $9,000s or Bulls Will Have to “Throw in the Towel”: Analyst

From the $8,800 lows seen on Thursday, Bitcoin has registered a healthy rebound, recently retaking $9,200. While this bounce off the lows has made many traders optimistic, the cryptocurrency remains on the edge of a cliff, a new analysis suggests. That’s to say, should prices fall or stagnate from here, BTC may find itself in a serious downtrend. Bitcoin Must Hold Low-$9,000s For the past eight weeks, Bitcoin has been in an uptrend from the […]
Bitcoinist.com

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Author: toutiao