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Even though the Bitcoin price has plunged to a seven month low today, it has all happened before and a recovery has followed as it will again. There are several bullish factors building up that will cause a Bitcoin (BTC) trend reversal next year.

This time last year the BTC price had dumped to $3,700 and markets were in the depths of Crypto winter. Here we are a year later with a 10% dump on the week to $6,600 as we approach the holiday season. There may be more pain before any gains but a recovery will happen in 2020 and industry insiders are confident.