Bitcoin’s impressive parabolic run may have come to its conclusion. On July 11, we warned investors that the No. 1 cryptocurrency would falter to $9,000 as it flailed overheated signals. At the time, bitcoin was bouncing and market participants were expecting a new 2019 high as the market threatened to breach resistance of $12,000. However, […]
The post Bitcoin Could Shed 20% & Drop to $7,400 Because Bulls Look Exhausted appeared first on CCN Markets
source https://www.ccn.com/news/bitcoin-to-shed-20-and-drop-to-7400-as-bulls-look-exhausted/2019/07/17/
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