Bitcoin (BTC) and cryptocurrency markets are looking like they might be looking at finding a temporary floor for the time being. The markets have definitely been oversold in the shorter time periods, but are we seeing an ultimate bottom for this price level? Despite the crypto pullbacks and dumps with Bitcoin (BTC), it’s likely time for a little bit of a bounce to the upside.
Overall, there’s still a big need for a prolonged pullback, but the shorter-term moves definitely favor some bullish upside. Do you think we are looking at the cryptocurrency space seeing another leg to the downside and some more pullback? Or have we hit the bottom and are ready to see the bulls push prices back up to see new all-time highs?
Post your thoughts and predictions in the comments section below!!
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The content in this video is my own personal opinion which I have made from my own personal analysis. The views are my own beliefs. Always be cautious when investing in cryptocurrencies. This should not be treated as financial advice. Never invest more than you can afford to lose.
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