Bitcoin price renewed a minimum of 7 months and currently is traded around $6500.
The impulse and bearish sentiment were quite expected in terms of a descending triangle that was forming in November-December. Besides, the price moves in a downwards wide channel since spring 2019.
Halving might improve the price but this is rather a long term process that is not felt currently. Keeping an eye at more short positions in the short-term.
The impulse and bearish sentiment were quite expected in terms of a descending triangle that was forming in November-December. Besides, the price moves in a downwards wide channel since spring 2019.
Halving might improve the price but this is rather a long term process that is not felt currently. Keeping an eye at more short positions in the short-term.