Crypto Analyst: Bitcoin (BTC) To Base At $3,500, But Bears Aren’t Done Yet0.33

To say that crypto’s past two weeks have been tumultuous would, frankly, be putting it rather lightly. On November 13th, Bitcoin (BTC) was trading at $6,200, but since that fateful day, the eye of Bitcoin Cash’s network upgrade (a purported bearish catalyst), BTC has freefallen to a year-to-date low of $3,450.

While the asset has since undergone a somewhat convincing recovery, moving from $3,450 to $4,200… twice, some fear that the worse has yet to come for crypto’s de-facto king and figurehead — Bitcoin. But then again, other analysts have claimed that there are some silver linings in the cryptocurrency cloud, at least in the short-term anyway.

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