A popular technical analyst believes that benchmark cryptocurrency Bitcoin would continue its decline for the remainder of this year. Twitter analyst Bitcoin Jack (BJ) on Tuesday said bitcoin is testing $7,880 as crucial support on the daily chart. It is therefore likely for the price to either bounce back from the said level or to close below it. Stressing on the latter, BJ noted that a downside move would allow bitcoin to retest $6,000, theRead MoreThe post Bitcoin Price to Touch $4.2K After Q4 Sell-Off, Analyst Calls appeared first on Bitcoinist.com.
