The Case For Why $6,400 Wasn’t Bitcoin’s Local Downtrend Bottom

The cryptocurrency community is currently exploding with exuberance, as Bitcoin may have broken out from its recent downtrend into a full-blown reversal, and the rest of the crypto space has seen altcoins going on hundred percent rallies reviving talk of a bull run once again.
However, there are a number of similarities between the current rally in Bitcoin markets compared to the July 2018 rally, which could suggest that $6,400 wasn’t Bitcoin’s bottom, and a deeper breakdown will arr