Bitcoin Holding $4,600 Could See Bears Finally Bite The Dust4.8

After nearly 10 days of almost non-stop bullish price action, Bitcoin (BTC) finally slammed down on the brakes on Thursday. The cryptocurrency fell from its $5,450 high to a weekly low of $4,950 in a few hours’ time.

While this 10% move lower caught many traders with their pants down, leaving some star-struck, analysts have reminded investors to keep their heads on a swivel. Financial Survivalism, for instance, claims that it is “time to pay very close attention” to Bitcoin, as it is now “make or break time” for the bulls, and bears by extension.

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