Bitcoin price declined today without printing a new low. It may only be the first wave of decline towards a Classic(TM) induced low but, ultimately, we know that Core development has a mid-year block-reward halving rally in store.
Summary
Bitcoin price has entered bearish chart territory and only a surpise reversal could see price recover the current downturn. With no need to predict price’s next mood, let’s wait for a decisive signal up or down.Disclaimer
The writer trades Bitcoin. Trade and Investment is risky. CCN.LA accepts no liability for losses incurred as a result of anything written in this Bitcoin price analysis report.
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