24-12-2019 22:00 via newsbtc.com

Bitcoin’s Drop Has Put Bulls on the Defensive; Here’s What May Spark a Further Sell Off

Bitcoin’s recent bullishness has been thwarted by bears who have attempted to push the cryptocurrency back down to its support within the lower-$7,000 region, and it is imperative for bulls to support BTC above this region if they want to further extend their upwards momentum.
Analysts are noting that Bitcoin’s current market structure does appear to favor bulls, and an unfilled gap on the crypto’s CME future’s chart may signal that further losses are imminent for the emb
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