this post Bitcoin Price Forecast: Analysts fear a drop below $30,000, which is possible if… appeared first on Coinpedia FinTech News
Bitcoin may still be far from the final market bottom, according to a new analysis by on-chain analyst Ki Young Ju, who said that traditional cycle indicators do not yet point to a phase of complete capitulation. Using a long-term logarithmic chart, Joe said that Bitcoin’s current structure does not resemble the previous cycle lows. Historically, every major bear market for Bitcoin…
