17-01-2020 02:00 via newsbtc.com

This Single Factor Suggests Bitcoin’s 2020 Rally is Far From Over

Bitcoin has been holding steady around the $8,700 region after facing an influx of selling pressure that forced it to lose its previously held position within the $8,800 region. Data suggests that this selling pressure was quite massive, despite BTC only seeing slight losses.
Bull’s ability to absorb the majority of this selling pressure may be a sign that points to the possibility that BTC will soon see a continuation of the bullish uptrend it has been caught within throughout the past co
Read more »