18-08-2019 21:30 via newsbtc.com

Bitcoin May Be Laying the Groundwork for a Trend Reversal

Following Bitcoin’s recent plunge into the mid-$9,000 region, the cryptocurrency has been able to post a strong and sustainable bounce that has allowed it to secure a foothold within the mid-$10,000 region.
Now, analysts are noting that BTC may be laying the groundwork for a reversal of its recent downtrend, which means how it reacts to its next key levels of resistance is critical.
Bitcoin Climbs Towards $10,500 Despite Yesterday’s Sell-Off 
At the time of writing, Bitcoin is t
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