Bitcoin greets the new year with it's worst downtrend yet

Bitcoin greets the new year with it's worst downtrend yet

By MadMaxx | Crypto Fondue | 3 Jan 2020


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Bitcoin has entered the new year leaving tears on investors' faces.

The top crypto by market cap and price has fallen over 4%, and doesn't seem to show any signs of stopping.

In my own personal TA, the price has followed my downward channel perfectly. If that plays out in the coming days, bitcoin could dip to $6000, a brand new low for the top crypto by market cap.

Seeing as trading volumes are dropping massively, this might be a sweet time for smart investors to buy a bunch of the stuff.

But note that that isn't financial advice.

Oh, and I'm so sorry for John McAfee.

Read his twitter if you're confused.

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MadMaxx
MadMaxx

In the eternal quest for crypto fulfilment. I'm an obese frog on the internet, what I say most definitely isn't financial advice.


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