Looking at Bitcoin’s recent price action, many analysts expressed bearish sentiment. They primarily cite the ongoing downtrend, which began when BTC was rejected at $10,400 at the start of June. From the looks of it, the move lower has been bearish: the cryptocurrency has printed a series of lower highs and lower lows, a trend with no end in sight. When you factor in market volume, Bitcoin’s medium-term outlook isn’t that much better. Referencing how […]
