Analysis: Bitcoin Could be Headed to $1,000 Amid Unexpected Liquidity…

News BTC | Apr 3, 2020 at 8:55 AM
  • Since Black Thursday, which saw Bitcoin bottom at $4.6k on the day, the number one cryptocurrency has since been range-bound with strong resistance at the $6.8k level.
  • Although it’s been able to post definite gains since that recent low, some analysts expect to see a further breakdown as the knock-on effects of the pandemic wreak havoc on the global economy.
  • Despite that, it’s important to note that Intuit Trading is still long term bullish for the future of Bitcoin.