Bitcoin (BTC) bled yet again this week, as the bears assert their dominance in an increasingly volatile market, with BTC losing as much as $400 USD yesterday and tumbling towards the $8,000 milestone.
The bearish movement of Bitcoin has been ongoing for months, with the exception of a few relatively small reprieves, and has many speculators wondering if the bottom is in sight. Well, one very prominent trader has interpreted a technical analysis by legendary chartist and former editor of the Magazine of Wall Street Richard Wycoff, which suggests that the bottom was actually at $7,300 ...
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