Multiple Scenarios For Bitcoin Price; Where Will BTC Go Next?3.6

Price action is not linear so any movements in either direction will come in stages. Bitcoin’s two day slide of over a thousand dollars may not be over yet, but at the moment BTC appears to be taking a breather.

A number of scenarios could be on the cards for Bitcoin’s next move. Over the past 24 hours it has fallen from $8,000 to an intraday low just above $7,500 before starting to move back upwards again. The weekly picture is not so pretty as BTC is down 8.5 percent from its price levels this time last Wednesday.

Original source
https://www.newsbtc.com/2019/06/05/multiple-scenarios-for-bitcoin-price-where-will-btc-go-next/

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