RATE Group | Bitcoin Price Analysis: Rumour Has It…
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Bitcoin Price Analysis: Rumour Has It…

Bitcoin Price Analysis: Rumour Has It…

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Eustace Cryptus · May 26, 2018 · 11:00 pm

Bitcoin price action continues to slide in favor of bears as the cryptocurrency dips below $8,000 for the second time in 7 days and a bear reversal is clearly in play.


Market Overview

‘Rumour has it Bitcoin won’t see 10k anymore’ would serve as a suitable alteration to the chorus of Adele’s mega-hit, ‘Rumour Has It.’ It’s obvious that for the time being, bears are in full control of bitcoin price but this time it’s a little bit harder to discern the source of BTC’s recent turmoil.

Could…

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