31-05-2019 13:00 via newsbtc.com

Bitcoin Starting to Show Signs Of Local Peak, Crypto Collapse Inbound

Bitcoin (BTC) may have tapped $9,100 on Thursday, rallying by 5% within minutes, but analysts are starting to fear that the crypto market is cooling… rapidly. The cryptocurrency is now down by 5% in the past 24 hours, finding itself at $8,250 after bouncing off $8,000 in a characteristic bout of volatility. This, in the eyes of countless traders, lends to the conclusion that Bitcoin is peaking in the short-term, and may be poised to collapse.Bitcoin May Be Topping Out
Last week, Bitcoin B
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