29 Nov Bitcoin Price Now Faces Its Do-or-Die Moment. Will It Drop to $6,200?
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Contents
- History tends to repeat itself
- Choose your fighter
Bitcoin bears and bulls are once again playing tug-of-war as BTC faces a pivotal move that could define its price actions in the coming weeks or months.
Crypto trader “Nebraskan Gooner” says that the fractal that he’s been watching for the last couple of months shows that a price reversal to $7,900 or higher could be on the cards. Otherwise, the BTC price could possibly drop to $6,200, its lowest point since early May.
#bitcoin
If you’ve been following me for a while you’ll remember this fractal we’ve been monitoring the last couple months
Looks like PA is still following along
May be a chance to push to 7900. But needs to break above there to break free of this path
Otherwise 6200 possible pic.twitter.com/1REW1MERBj
— NebraskanGooner📈 (@nebraskangooner) November 29, 2019
At the time of writing, BTC is trading at $7,456 after failing to…
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