What is happening to Bitcoin? Why does the pricenkeeps on falling down? The initial result of G20 is favorable towards it so I thought that it will be the start of another bullish chart but it is the opposite. Can someone enlighten me about the current situation of cryptocurrency?
This was expected to happen and the reason was not that of G20 results or something related to G20.The reasons were heavy selling is still going on near the resistance and if this going on then you can see few more 10% to 20% decline in bitcoin price chart. if the chart has to rise then this will be a double bottom and then we will see a good strong bullish candle and then a strong rally, and i think only time will prove my words right or wrong so it is better to leave on future time and till than just wait for the right direction to take some trade.