Par for the Course: Bitcoin Difficulty Drop Actually a Bullish Sign

Bitcoin has once again found itself caught within a bout of consolidation as it ranges sideways above its key near-term support level at $8,700. Despite BTC’s recent sell-off that sent it reeling below $9,000, the cryptocurrency’s bulls have been able to defend this support level, which may be a bullish sign.
Although there are analysts that anticipate Bitcoin to see further downside in the near-term, it is imperative to note that one prominent analyst is now pointing to Bitcoin&rsqu