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Crypto Markets Still Likely to See Intense Pullback

Claudia Rivera

Summary: Bitcoin had an upward trend of $9k today before selling pressure caused BTC to drop lower (News BTC). Bitcoin Cash and Bitcoin SV traded up 7% and 11% because of Bitcoin's climb.  HornHairs, a cryptanalyst on Twitter, shares that BTC will see a brief pullback from $8.8k before successfully breaking $9k. Another Twitter advocate notes ...

Bitcoin had an upward trend of $9k today before selling pressure caused BTC to drop lower (News BTC). Bitcoin Cash and Bitcoin SV traded up 7% and 11% because of Bitcoin's climb. 

HornHairs, a cryptanalyst on Twitter, shares that BTC will see a brief pullback from $8.8k before successfully breaking $9k. Another Twitter advocate notes that BTC is pushing towards its 200-day moving average and could face a massive rejection. How BTC responds to the levels in the next coming days will set the tone for the mid-term trend and give guidance to the crypto market.

By Claudia Rivera

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