(BTC) threatens to slide below $8,100, with predictions of a further slide by the end of 2019. The recent price movements mean that BTC is heading for a halvening year with a bearish setup.
The event has attracted the attention of crypto social media, meaning more complex scenarios may play out. It must be noted BTC traded much lower during the recent halvenings, hardly reaching even four-digit prices.
The bearish action in question is seen as the slide between the year’s peak at near $14,000, and the slide to a recent low of $7,500.
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