Bitcoin analyst ‘optimistic’ of buying BTC lower as 3 trendlines fail
BTC’s price heading under $66,000 costs Bitcoin bulls several daily moving averages — and few see a snap recovery coming next.
Bitcoin (BTC) failed to reclaim $65,000 after the June 18 Wall Street open as analysts predicted further BTC price downside.
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD struggling to maintain support near key trendlines.
Bitcoin (BTC) shed another 3% on the day, continuing a downtrend now responsible for up to $7,900 of losses since it began on June 9.
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Author: William Suberg
