09-10-2019 22:00 via newsbtc.com

Bitcoin Correction Bottom Target Is $6,000, Coincides With Production Cost

Bitcoin’s parabolic rally of 2019 is now a thing of the past, and what lies ahead is anyone’s best guess. Crypto analysts are divided, with some calling a quick return to a bull market, while more bearish investors believe that Bitcoin has more to fall and will look for a bottom lower.
However, a formula used to determine the bear market bottom at $3,150 may provide the most accurate prediction for where the bottom of the current downtrend may be, and it coincides once again with the
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