It has become increasingly difficult to expect any positive price momentum across the cryptocurrency and digital asset industry. In the Bitcoin department, the bearish pressure continues to mount, although no one can pinpoint the exact reason. The following three short-term price predictions offer a bit of everything, albeit no one can deny the overall sentiment remains rather negative.
Although most people would rather not see anything like this happen, there is a good chance the Bitcoin price might not bottom out at $3,000. Instead, this level has come awfully close in the past few days, thus there is no reason to think it can’t be broken. The bearish Bitcoin price chart by MagicPoopCannon seems to confirm as much, albeit in rather spectacular and worrisome fashion.