TLDR
Bitcoin has hit its low but that the ghost of the Bear market must return one last time before turning Bullish. We take a look at Bitcoin from the technical perspective. We think that the trend-line near the recent low is a floor price of higher lows, currently around $4800 USD. We would be quite concerned about the asset long-term if it did go lower. The price pressures include the cost of production, technicals of the market and nature of the asset and its HODLERS.via the TL;DR App
no story
Written by TK | Crypto, Markets, Trading
