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James_Winsoar
Aug 19, 2018 6:09 PM

BEARISH Scenario For Bitcoin - $5,426 Level Could Be Tested 

Bitcoin / United States DollarCoinbase

Description

If bitcoin cannot break resistance at $6,800 and trigger a short squeeze, the price could test lower lows of around $5,426 USD in the coming weeks.

This is a worst case scenario in my opinion.

It could take some major news, such as the CBOE Bitcoin ETF being approved by the SEC to set off any earlier bull run.
Comments
realGpigeon
I am not so sure, you know
dRends35
I think lows will come due to corrective price action and time passing. Nothing bullish so far this year.

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