Bitcoin Price Analysis: BTC Could Drop to $9,000 Soon

Overhead descending resistance forming on Bitcoin could develop a descending channel taking price levels down to $9,000 over the coming week. This would allow for sideways consolidation to take place around $9,000, which is a key historical psychological support/resistance level allowing volume to rush back into the Altcoin market. Bitcoin 4-Hour Chart On the Bitcoin 4hour chart we can begin to see a descending channel forming. This is not yet confirmed as there’s only 2 … Continue reading Bitcoin Price Analysis: BTC Could Drop to $9,000 Soon