Bitcoin Forming Bullish Long-Term Bottom Formation; Key Levels to…

News BTC | Dec 7, 2019 at 6:00 PM
  • Has been able to incur some decent upwards momentum in the time since its faced a strong and swift rejection around $7,800.
  • Analysts are noting that this recent price action may point to the possibility that Bitcoin is forming a bullish long-term bottom formation.
  • Following this seemingly bearish movement, Bitcoin’s bulls stepped up and began to slowly push the cryptocurrency higher, and it appears that it will once again test its resistance level at $7,800 in the near-term.