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29 September 2020

Don’t expect another Bitcoin price ‘catastrophic dump’ — Analyst

Don’t expect another Bitcoin price ‘catastrophic dump’ — Analyst


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14, Woo highlighted strength in market composition and said that current price levels could be a useful entry point for investors.

Monday saw a bounce higher toward $10,800 — a price point that analysts have already said forms a crucial pivot for further bullish momentum.

Countering their optimism is the chance that Bitcoin will still drop to fill the lower of two gaps in CME Group’s Bitcoin futures market at $9,600.

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cointelegraph.com
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