Bitcoin Could Still Plunge to $6,000, Says Top Analyst
Bitcoin plunged deeply a day after it climbed above the $10,000 milestone. And according to one top market analyst, the cryptocurrency could still fall back towards $6,000.
Full-time trader PentarhUdi confirmed that bitcoin is trending in a giant triangle since it established an all-time high of circa $20,000 in December 2017. The cryptocurrency’s jump to $10,000 allowed it to restest the Triangle Resistance for the first time in eight months.
Bitcoin trending inside a big triangle range |
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