01-11-2019 21:00 via newsbtc.com

Analyst: Bitcoin More Likely to Surge 50% to $14,000 Than Fall

Over the past few days, Bitcoin (BTC) has found itself in a lull. This is for good reason; after a 42% surge in under 24 hours, it makes sense for the cryptocurrency market to want to take a breather.
Despite the fact that it makes sense for Bitcoin to see a period of calm and a slight retracement after a monumental surge higher, some analysts have flipped bearish, believe it or not.
In fact, as reported by this outlet previously, one trader expects for BTC to enter the high-$6,000s or low-$7,00
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