Good Afternoon everyone,
after returning from some weeks of well-deserved holiday, it is now time to focus on the recent market developments and paint a refreshed picture of what is to come to the markets in the neartime future. This is the battle of 6k key level zone.
Although the cryptosphere has already erased a great deal of profits made in the run-up end of last year, markets do not seem to be out of the woods just yet. Recent market activities hasled to much confusion building up about what will be the future of the cryptosphere, especially in the short to mid-term run.
As both bullish and bearish arguments are valid as of now, I will focus on both and engage in discussion about either scenario.
Since peaking just shy of $20,000 in mid December 2017 $BTC lost around 70% value within just less than two months, locally bottoming…
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