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Published: 17 Oct 2019 › Updated: 17 Oct 2019BTC

BTC

“Bitcoin on Wednesday fell below the important round level of $ 8,000, losing about 2% over the past day and staying close to this level. The bears prepared to celebrate, as a $ 7800 failure would reflect a breakdown of support, from where BTC / USD has rebounded in recent weeks. However, it may be too early to open champagne. At these levels, the fight between bulls and bears continues. If the sidewall is delayed, as before, it really can open the door for another recession. Fundamentally, it is now difficult to find reasons for the growth of the first cryptocurrency. All the most important events that crypto enthusiasts set up, including the launch of deliverable futures from Bakkt, Facebook's Libra and the Telegram blockchain and Gram cryptocurrencies, turned out to be disastrous stories for the market. It is impossible to completely deny the factor of surprise, but nobody will bet on it either. ”
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