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Bitcoin (BTC) on the Verge of ‘Historic Bounce’, Further Gains Are Imminent: Crypto Trading Analyst

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Thu, 03/21/2019 - 12:55
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Alex Dovbnya
You shall not pass: find out how these two prominent traders interpret the inability of Bitcoin to touch $4,200 for the first time this year
Bitcoin (BTC) on the Verge of ‘Historic Bounce’, Further Gains Are Imminent: Crypto Trading Analyst
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As Bitcoin is struggling to break above the pivotal $4,200 resistance level, a future price spike is pretty much a sealed deal, according to famous cryptocurrency analyst Crypto Thies. He claimed that Bitcoin is at historic bounce levels, and he’s ‘confident’ that the price will continue to move upward. However, the lack of ‘sell climax’ flies in the face of Bitcoin bulls, so one shouldn’t rule out that BTC will remain in limbo.

Meanwhile, Josh Rager, another influential trading analyst, believes that Bitcoin is positioned for a huge drop. He believes that the BTC price could plunge to $3,500.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.