Bitcoin Price Analysis: How BTC/USD $300 Correction Killed January 2020 Surge?



Bitcoin-BTC-20-Week-Moving-Average

  • Bitcoin opens the Pandora box with the retreat to $8,600.
  • The correction to $8,400 might be necessary for the creation of fresh demand to aid in the recovery journey.

Bitcoin is trading 1.34% lower on the day amid a generally retracing cryptocurrency market. The losses occur after a bullish week that saw BTC surge incredibly to highs almost touching $9,000. Most experts had predicted that Bitcoin will increase in value before the…



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