Bitcoin (BTC) Stable Above $3,400, But Analyst Claims “Darker Days Still Lie Ahead”3.8

Following Bitcoin’s relatively volatile week, it appears to have established $3,400 as a level of support, but BTC still faces growing resistance around $3,500 as it has tried and failed on multiple occasions to break above this price level.

Although Bitcoin has yet to plunge back down towards its 2018 lows of $3,200, analysts seem to believe that it still has further to drop, as its bulls have failed to gain significant momentum ever since it broke below $6,400 in late-November of last year.

Original source
https://www.newsbtc.com/2019/02/01/bitcoin-btc-stable-above-3400-but-analyst-claims-darker-days-still-lie-ahead/

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