For the first time in 2019, Bitcoin’s (BTC) price has broken the $3,500 support level downwards laying a platform for talks and analysis of a new 12-month (annual) low in the coming days. Bitcoin has been struggling just above $3,500 for some good period of time since it corrected from a rapid increase over the $4,000 recently.
Cryptocurrency analysts believe that the surprise price plunge has more to do with technical factors rather than cardinal and fundamental factors.
Read the details in the article of Coinidol dot com, the world blockchain news outlet:
https://coinidol.com/where-is-end-of-bearish-trend/
