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RE: BITCOIN : BITCOIN Bull run Rally come OR G20 effect on Bitcoin?

in #crypto6 years ago

Based on the short-term price trend of BTC over the past week, it remains unlikely that BTC returns to previous support levels at $10,000 and $12,000, given that the 5-month and 10-month MA bear cross have been confirmed for the first time since 2014. More to that, BTC failed to swiftly rebound to the $8,000 mark over the past few days, eliminating the possibility of a potential corrective rally to $10,000 in the short-term.