Friday, December 13, 2019

Bitcoin Gets Rejection Again, But Here’s Why the Bull Case Stay Strong

Bitcoin has fallen into a recessive pattern of major exclusion movements that come after the almost immediate rejection. Overcoming the large wicks on the BTC candlestick chart and generally causing problems in the direction of what will be in the short term. Management trends.
Yesterday, Bitcoin further exacerbated this pattern, as it was a fleeting rebound on popular trading platforms like Bitmax to a maximum of around $7,500, with the move almost to the starting point.
Despite this recessive movement, analysts believe that the case of the bull cannot yet be eliminated. Since a historically precise technical factor indicates that Bitcoin will soon see much-needed stability.

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