Quick take: Bitcoin is in bear territory as the Miners Position Index hints of selling by BTC miners The demand for Bitcoin will quickly absorb the continual selling at these levels Bitcoin could experience a resurgence back to $19k due to this buying demand and an ascending triangle on the 4-hour chart Bitcoin is once again in uncertain territory after bouncing to $18,700 levels from the local low of $17,600 set only yesterday. At the time of writing, Bitcoin is […]
