12-02-2020 22:30 via newsbtc.com

This Eerily Accurate Analyst Believes Bitcoin Could See a Nasty Retrace to $7,800

Bitcoin has seen an insane uptrend throughout 2020, with its momentum reaching a fever pitch after BTC broke above $10,000 this past weekend. In the time since breaking this critical level, BTC has begun stabilizing, giving other cryptocurrencies the chance to incur some massive rallies.
In the near-term, despite the overt bullishness of the aggregated crypto market, one historically accurate analyst is noting that BTC is pushing up against a key resistance level that is unlikely to be breached.
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