Analyst Says Bitcoin May Drop to $5,500 Before New Upside In Q3/Q4 2018

The price of Bitcoin has faced unexpected downward pressure in May as Consensus 2018 did not produce enough enthusiasm for a bullish move. Analyst Willy Woo said the virtual currency may only find its upside in Q3/Q4 2018. Until then, bulls may find bid opportunities at prices as low as $5,500.
Bitcoin to Complete Downside At $5,500-$5,700, Analyst Says
The cryptocurrency market has been under pressure in 2018 following an extensive race to the top, with Bitcoin breaching the $20,000 level. Trad