Bitcoin [BTC] Price Goes South of this Critical Level, but Traders Expect a Bounce Soon

bitcoin traders expect a bounce

Bitcoin [BTC] price dipped below $9000 and the 200-Day Moving Average yesterday. Bulls, however, seem unnerved by the dip. The fear and greed index dropped slightly on the decline. However, unlike last time when BTC dipped below $9000, the sentiments seem more in the neutral range.

btc fear and greed
Bitcoin Fear and Greed Index (Source)

The price of Bitcoin [BTC] at 4: 00 hours UTC on 9th November 2019 is $8810. It tested a low at $8661 the previous…

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