Why Bitcoin Analyst Who Predicted Rally to $8K Thinks Reversal is Underway

A famous bitcoin analyst in early April predicted that the price would move towards $8,000. The cryptocurrency surged to $7,810 in an early morning trade Monday, hinting a bull run towards the said target. The same analyst now thinks bitcoin would undergo a trend reversal upon hitting $8,000. A crypto analyst who earlier predicted the bitcoin price to hit $8,000 now warns of a bearish reversal. “I am now a seller,” claimed the analyst right […]
Bitcoinist.com

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Author: toutiao