27-12-2019 23:00 via newsbtc.com

Bitcoin Price Ready to Pop Higher? Monthly Chart Shows Reversal Signs

Earlier this month, Bitcoin (BTC) plunged as low as $6,400, marking a new multi-month low for the leading cryptocurrency. But as fast as the crypto dropped, it reversed, with BTC surging to $7,700 just last weekend on the back of bulls looking to buy in the $6,000s.
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Although some say it is too early to tell whether or not a fully-fledged reversal has arrived, analysts are noting that the long-term Bitcoin c
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