03-01-2020 02:00 via newsbtc.com

Bitcoin’s Drop Below $7,000 May Be Part of an Incredibly Bullish Pattern

Much to the chagrin of investors and bulls alike, Bitcoin (BTC) was unable to hold above the key support that had been established within the lower-$7,000 region, as it posted a swift break below this support during a sharp selloff that occurred earlier this morning.
This sell off may cut deeper in the near-term, but one analyst is now entertaining the possibility that it is actually part of a larger bull-favoring pattern that could result in a spring-loaded rally that sends BTC back towards the
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