Bitcoin is On Shaky Ground; Here’s Why Further Downside is Likely

The latter part of 2019 has been a volatile several months for Bitcoin, with the embattled cryptocurrency ranging between lows of $6,500 and highs of over $10,000. Currently, BTC is trading at the lower part of this trading range, and it has been struggling to gain any decisive momentum in either direction.
This lack of momentum may spell some trouble for the cryptocurrency, however, as analysts are noting that the faltering buying pressure in combination with technical weakness may lead Bitcoin