Bitcoin Price Under Intense Bearish Pressure, Bleeds Below $100,000

Bitcoin Price Under Intense Bearish Pressure, Bleeds Below $100,000

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Categories: Market Analysis Bitcoin

The Bitcoin price has breached the $100,000 mark for the second time this month, indicating that bears have firmly taken control. The market has been characterized by stagnant movement followed by further declines, suggesting a continued downward trajectory for the cryptocurrency.

How Low Can The Bitcoin Price Go Before The Bleed Ends?

After breaking below the $100,000 level for the second time this month, the bears look to have taken full control of the Bitcoin price. The last week has been categorized by slow market movement, with Bitcoin chopping more sideways and then moving further down with each decision. At this point, it seems that there is [...]