Bitcoin Might Revisit $5,850 And Below Before Full Recovery [Video]
|Bitcoin has been under pressure along with many of its peers in the top 100 cryptos based on market cap. Its trading volume, on the other hand, continues to lead the market along with its market dominance. More companies are now accepting Bitcoin as a payment method than ever, and once we see the real bullish movement start again, we can expect to see more people jump back on the Bitcoin investing wagon. Until then, however, Bitcoin might drop back to 2018 lows and beyond based on some technical observations.
For more from Invest Diva, click here
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.