05-10-2019 21:30 via newsbtc.com

Analyst: Bitcoin Likely to Move Towards $7,600 as Bulls Falter

Bitcoin’s bulls have lost their strength and allowed bears to push the cryptocurrency under its previous key support level at $8,200, which may signal that significantly further losses are imminent in the near-future as BTC slowly creeps back towards its recently established range lows at $7,800.
Analysts are noting that Bitcoin is likely to continue falling until it reaches $7,600 in the near-term, which could mean that significantly further losses are imminent.
Bitcoin Plummets Towards $
Read more »