BITCOIN (BTC) prices are expected to bounce after having been taking a huge hit on a string of bearish news and overbought indications. In this video, we'll be taking a look at the top reasons why we are expecting the prices of Bitcoin (BTC) to bounce and see some price action to the upside. Keep in mind that this does not mean recovering to and setting a new all-time high.
The prices for Bitcoin (BTC) have been making their highs slower, so we know that the bullish pressure and volume have been declining. As such, it's normal to see the pullback that we have been experiencing the last couple of weeks.
News for Bitcoin (BTC) has still been bearish on the whole which has helped to push the price for the top cryptocurrency lower, breaking the daily exponential moving average support. Let's take a look at some price targets and scenarios for the price too as we move forward.
Are you bullish on Bitcoin (BTC)?? Post your thoughts and predictions in the comments below!!!
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The prices for Bitcoin (BTC) have been making their highs slower, so we know that the bullish pressure and volume have been declining. As such, it's normal to see the pullback that we have been experiencing the last couple of weeks.
News for Bitcoin (BTC) has still been bearish on the whole which has helped to push the price for the top cryptocurrency lower, breaking the daily exponential moving average support. Let's take a look at some price targets and scenarios for the price too as we move forward.
Are you bullish on Bitcoin (BTC)?? Post your thoughts and predictions in the comments below!!!
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- Bitcoin
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