Over the past few weeks, Bitcoin (BTC) has found itself consolidating in the low-$7,000s, holding this key support region as bears threaten the cryptocurrency’s demise. While this consolidation has been bullish, in that selling pressure has abated for weeks, setting the stage for a bullish reversal, a market cycle analysis by a popular crypto trader...

The post Bitcoin Poised to Collapse Under $5,000? Market Cycle Fractal Suggests So appeared first on NewsBTC.

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