The Market Factor That Predicted Bitcoin’s $8,000 Halving Bottom Is Back Again

After rallying from $8,800 to $9,300, the Bitcoin bull has lost strength over the past few hours, with BTC recently dipping below $9,000 for the first time in days. Some traders have said that this is a precursor to an even greater retracement for the cryptocurrency market. One analyst wrote that “bulls need to really step up,” or else risk a retracement towards the low-$8,000s. A chart the analyst shared indicated that BTC is moving below […]

from Bitcoin news | Published News | Bitcoin news https://ift.tt/2LXCa6l