Sunday, December 1, 2019

Bitcoin on Risk to Lose Upwards Momentum as Bears Battle Back

After making a great effort to exceed $8,000 yesterday, Bitcoin (BTC) lost the momentum that had been increasing over the past few days and began moving towards the $7,000 area.
The inefficiency of cryptocurrencies in excess of $ 8,000 has led analysts to conclude that BTC may be at risk of a reversal of its recent uptrend. Which means that more losses could be quite imminent.

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