Bitcoin Price Trend Reversal in Progress?

[znation]

Bitcoin's reversal is common when support levels are strong, but Bitcoin's overall situation is in a long-term downtrend, which may be a slight recovery. We can't know exactly which trends Bitcoin will follow, it depends on many factors involved.

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[kotik085]

Undoubtedly, there is a difference in the price of bitcoin. Today there is a bearish mood and the price is falling. Soon, many traders expect a bullish mood.

[julius caesar]

As of now, the price of bitcoin is going up because of the investors that invested during holiday season. Sooner or later it will be back on its original price. Do not lose hope because we all know that the bitcoin price drop is normal because it is volatile. Continue to support bitcoin since it will recover sooner or later.

[proxydomain711]

As of now, it's just a short-lived pump. It seems that we had hit $7,600 as another resistance level where people tend to sell once it's been hit. Just proves that no matter what predicion we do, the market would still be unpredictable, with large players and decentralized market, anything is possible.