Author Topic: Bitcoin Price Plunges Again, Expect a Range-Bound Consolidation For The Short-Te  (Read 275 times)

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While the asset is swinging within small braces for quite a long time forming minor lower lows and highs, the descending trend is expected to continue forwards.


However, the possibility of a rebound does not completely vanish as the star crypto’s average buying price has reached closer to $30,000.


These are the levels where the institutions hold their share which may be considered as one of the most strongest support levels. Considering the present scenario, the asset is showcasing the possibility of revisiting lower levels as it is stuck within the head & shoulders pattern.


Source:  Crypto analysts Reports say
A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. Researching minute occurrences

 

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