Why Bitcoin (BTC) Is More Likely To Begin A New Trend Than To Fall Below $6,000 Again

2018-9-8 00:30

As soon as Bitcoin (BTC) fell below $7,000, retail bears became loud once again. Calls for a fall to $4,000 or lower have become popular once again in the crypto community. The popular sentiment at the moment is bearish.

If an analysis points to the possibility of a fall below $4,000, it is more readily accepted than the one that calls for a rise above $8,000. As we have seen in the past, in this market as well as other markets, when too many people start thinking the same way, it is time to prepare for a trend reversal.

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Bitcoin (BTC) на Currencies.ru

$ 95409.58 (+0.76%)
Объем 24H $41.923b
Изменеия 24h: -2.08 %, 7d: -7.47 %
Cегодня L: $95402.39 - H: $95409.58
Капитализация $1889.088b Rank 1
Цена в час новости $ 6509.73 (1365.65%)

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