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.
The first months of this year will be very bad, the price is moving below $3000 and this is not good
Cryptocurrency analysts believe that the surprise price plunge has more to do with technical factors rather than cardinal and fundamental factors.
and what are these " technical factors "?
Also, Bitcoin SV, which traditionally traded inversely with Bitcoin, failed to repeat its previous behaviour, dropping 9% to around $66.80 — a 60-day low.
The news was about bitcoin, but they had to talk about another altcoin, I wonder why?