Analyst: Bitcoin Bearish Candle Could Spell More Losses4

The week has started in the red for the majority of crypto assets. Bitcoin closed the week with its largest red candle since December 2018 and analysts are predicting further losses ahead as the correction continues.

From an intraday high of $7,950, Bitcoin has tumbled back below $7,600 as the Asian trading session gets under way this Monday morning. A slight recovery has taken BTC back to $7,680 but it is still down 3 percent on the day.

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