Why Legendary Crypto Investor Says Bitcoin Retreating To $7,000 is Ideal

Bitcoin (BTC) bulls have continued to lose grip heading into Wednesday. As of the time of writing this, BTC sits at $7,750, up by $300 from Tuesday’s $7,450 low. Despite this recovery, some analysts are still leaning bearish, expecting for cryptocurrencies across the board to continue to slump lower to begin a much-needed bout of consolidation.From Capitulation to Greed: Bitcoin Poised to Head Lower
After weeks of nonstop upward price action, Bitcoin bulls have begun to relent. While there