30-12-2019 12:00 via newsbtc.com

Bitcoin Price to Soon Go Parabolic? Analysts Say It’s Possible

Bitcoin (BTC) hasn’t done too hot over the past few months, plunging some 50% since the June top of $14,000. The selling has stopped over the past few weeks, with the price of the leading cryptocurrency flatlining in the low-$7,000s.
Related Reading: Bitcoin Fixes This: Top Bank Chief Says Monetary Policy is Failing
Considering the price action that has transpired, it should come as no surprise that sentiment has been rather bearish, with a confluence of prominent technical analysts r
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