Bulls Beware: Maximum Pain Scenario Could Push Bitcoin’s Price Lower in Coming Days6.4

The crypto markets have incurred overwhelmingly bullish price action over the past several weeks that appears to have confirmed many analyst’s belief that $3,200 truly is a long-term bottom for Bitcoin (BTC). The recent price action has drastically shifted overall market sentiment, and many investors are growing increasingly bullish with each new day.

Despite this shift, one highly-respected analyst laid out what he believes is a realistic “maximum pain scenario” for Bitcoin, explaining that it may surge to above $6,000 before incurring significant selling pressure that pushes it lower.

Original source
https://www.newsbtc.com/2019/04/23/bulls-beware-maximum-pain-scenario-could-push-bitcoins-price-lower-in-coming-days/

Add comment

Please Sign in to be able to leave comments.