There’s “Lots of Open Air” for Bitcoin Down to $7k if This Level is Lost

Bitcoin risks a drop to the low-$7,000s as the price prepares to fall below a crucial support level as defined by the Ichimoku Cloud. Multiple analysts corroborate the sentiment that the leading crypto asset will fall towards that region in the third quarter of 2020. A long-term bull run may follow a BTC correction as it will act as the final shakeout before a macro breakout upwards. According to analysts, Bitcoin is currently on the […]