After plummeting below $ 8,000 overnight, Bitcoin bulls were able to boost the encryption a bit higher, showing signs that the bulls are not ready to let the cryptocurrency fall lower in the short term. That could mean that the bulls will gain greater strength in the short term that could help boost BTC higher.
Analysts point out that Bitcoin is likely to have more space to run in the short term, but it is important to keep in mind that a strong level of resistance that exists slightly above the current Bitcoin price could stop this recovery and force BTC to extend its recent downtrend.
No comments:
Post a Comment