Bitcoin May Have Room to Run Before Downtrend Continues

After plummeting below $8,000 overnight, Bitcoin’s bulls were able to propel the crypto slightly higher, showing signs that bulls are not ready to let the cryptocurrency drop lower in the near-term, which could mean that bulls will garner greater strength in the near-term that could help propel BTC higher.
Analysts are noting that Bitcoin likely has further room to run in the near-term, but it is important to note that a strong resistance level that exists just slightly above Bitcoin&rsquo