How Bitcoin Could Plunge To $1,700 In June: Prominent Crypto Analyst8.4

Just as the hype surrounding the next Bitcoin block reward halving has heated up, sparking claims that a bull reversal is inbound, a leading crypto analyst has come to play whack-a-mole with optimists. Bulls may be preparing to run, but bears may have one last hurrah, as they savagely draw blood before their eventual bout of hibernation.

In a recent Twitter thread, Murad Mahmudov, a Princeton graduate turned diehard crypto trader and hedge fund head hopeful, broke down why the “famous 200-week moving average (MA) support” for Bitcoin will break in coming months.

Original source
https://www.newsbtc.com/2019/01/31/crypto-analyst-bitcoin-could-wick-down-1700-in-june/

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