Bitcoinist Senior Analyst, FilbFilb, believes that the basic rule of supply and demand will prevent Bitcoin from dropping to a new 2019 low. FUD to Drive Bitcoin to a New Bottom? Bitcoin’s most recent price action has presented a plethora of challenges to cryptocurrency traders, and the drop below $10,000 has the most bearish traders calling for Bitcoin to revisit the $5,000 – $7,500 range. While theories abound, a popular explanation is fear spun upRead MoreThe post Bitcoin Price Will Not Hit New Lows, Says Leading Crypto Analyst appeared first on Bitcoinist.com.
