29-10-2019 22:00 via newsbtc.com

Analysts Less Bullish on Bitcoin as Short Term Trend Signals Stagnance

After facing extreme volatility over the past several days and weeks, Bitcoin (BTC) has found itself caught within a relatively tight trading range within the mid-$9,000 region, and where it goes from here could determine which direction it trends in the mid-term.
Analysts are now noting that Bitcoin is currently sitting between two key levels, with resistance directly above its current price and support directly below it, and investors may soon gain greater insight into the long-term significan
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