BITCOIN PRICE ANALYSIS & PREDICTION (March 20) – BTC Selling Remains Intact as it Consolidates For The Next Drawdown
The past few days have been a relief in the crypto space as Bitcoin bounced off a new multi-month low with a 59% market dominance. This brought slight gains but is now consolidating for the next major move. This year has been very rough for Bitcoin following a consistent weekly drop since it lost grip above the historic $109k level last December. Aside from the huge loss, this drop has generated a lot of controversy among traders and investors, and at the same time raised concern about whether the price will bounce back or not due to the fear, uncertainty and doubt – FUD surrounding the space lately. But still, the bulls remain hopeful of a positive move once it finds a solid ground level. However, the primary crypto has taken a little break in selling over the past week […]