28-01-2020 22:00 via newsbtc.com

Bitcoin May Collapse Towards Yearly Lows Because of This One Factor

Yesterday Bitcoin (BTC) found itself caught within a firm upwards tailwind that allowed it to climb to highs of $9,150 before finding some resistance that halted its momentum.
The cryptocurrency is now trading just a hair below its 2020 highs of $9,200, and it does appear that bulls are going to attempt to propel it above this level in the near-term.
Despite this mid-term bullishness, it is important to note that the crypto is currently trading above two key macro-support levels that exist aroun
Read more »