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3 Reasons Why Bitcoin’s Price Could Soon “Squeeze Up” After 40% Crash

Bitcoin really hasn’t done too well over the past few days; since the $9,200 peak seen on Saturday, the price of the cryptocurrency crashed as low as $3,800, marking a more-than-50% crash from the weekly high.


Fortunately, bulls were given some breathing room on Friday, when the cryptocurrency rallied back above $5,000 to as high as $5,900 as buyers finally started to pick up the pace. While this marks an over 50% surge from the bottom, top analysts think that Bitcoin is poised to recover even more in the coming days.

3 Reasons Why Bitcoin’s Price Could Soon “Squeeze Up” After 40% Crash

Filb Filb, the crypto trader who called all of Q4 of 2019’s action and the subsequent recovery into 2020 when he published the below chart, recently gave three reasons why he thinks this is the case. Read More...