061: 4 REASONS WHY BITCOIN CONTINUES TO CRASH | BTC $20K - $25K Zone Next Year

Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News

English - November 25, 2019 15:02 - 14 minutes - 6.97 MB - ★★★★ - 537 ratings
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Previous Episode: 060: Bitcoin Will Rip to $50,000 - But Only After a Nauseating Purge | BTC May First Visit $5K

Next Episode: 062: BITCOIN PRICE OF $250K - $500K IS CONSERVATIVE!!! | CMDX Smart Currency Interview

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The Bitcoin price has continued its cataclysmic November, with BTC dropping further overnight to $6,500, levels not seen since this May. In today’s show, we examine the following 4 Reasons Why Bitcoin Price Continues to crash:

1. BitMEX Dumping On The Market 2. Shaken Confidence After Drop To $7k 3. Bitcoin Doesn’t Always Respond To Macro Variables 4. Bitcoin Whales Stocking Up Before Halving

In other Cryptocurrency news today, market analyst says, “The BTC price is headed for $20,000 - $25,000 zone next year.” The Crypto market has been a disappointment lately. Lackluster bitcoin price action has intensified overall selling activity. But things are in for a welcome change, as BTC is expected to explode next year.

Crypto Michael shared on twitter, "All in all, the long-term trend is still fine, aside from a parabolic explosion earlier this year (which is an outburst to the upside). Keeping the trend intact -> market is fine. Onwards to $20,000-25,000 in 2020."