When Bitcoin crashed to $3,700 in March, many were quick to throw in the towel. There was one prominent analyst that said that looking at the charts, he saw a good likelihood the cryptocurrency was to fall under $1,000. That would have marked a more than 70% correction from the capitulation lows. One trader, though, argued literally hours after $3,700 was hit that Bitcoin price was primed to see a V-shaped reversal to recover the […]
