Bearish Bitcoin Price Pressure Will Resume According to These 3 Predictions8.42

Not too many people have high expectations for the Bitcoin price at this time. That is not entirely abnormal, primarily because the value per BTC has gotten battered quite a bit throughout 2018. Even so, the speculators are still confident some exciting trends will materialize in the coming days and weeks. Whether that will be for better or worse, is a different matter altogether.

For most people who have no technical expertise to evaluate charts, it seems to be a matter of time until the Bitcoin price goes down even further. In the real world, things often look less black-and-white when it comes to volatile assets. A chart outlined by DatTong paints a very interesting picture in this regard. He expects the BTC/USD rate to break upward in the coming days, and even hit as high as $5,940 before facing another dip.

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