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Bitcoin (BTC) Stable Above $3,400, But Analyst Claims “Darker Days Still Lie Ahead” - Coins On News
Following Bitcoin’s relatively volatile week, it appears to have established $3,400 as a level of support, but BTC still faces growing resistance around $3,500 as it has tried and failed on multiple occasions to break above this price level. Although Bitcoin has yet to plunge back down towards its 2018 lows of $3,200, analysts seem to believe that it still has further to drop, as its bulls have failed to gain significant momentum ever since it broke below $6,400 in late-November of last year. Bitcoin Defends $3,400, But Fails to Break Above $3,500 At the time of writing, Bitcoin is