Since our previous analysis, Bitcoin had gone through some typical volatility: After recording its 2019 high, the coin quickly lost momentum, dropped to ~$5500 (38.2% Fibonacci retracement level) and found there proper support to recover. From there, Bitcoin hadn’t calmed down, recording another 2019 high at $5846 (Bitstamp). As of writing this, Bitcoin is trading […]The post Bitcoin Price Analysis May 5: BTC Struggles With The Critical $5800 Level – Weekly Overview appeared first on CryptoPotato.
