As we previously mentioned, the last low in Bitcoin might signal the end of the Bear market since last December. However, the continued creep lower is a sign of concern as new talk of the US Congress fear-mongering that Bitcoin could pose a threat to US Elections. If Bitcoin breaks below the last pivot low we could see a wash of panic selling. Stay vigilant but optimistic should be our outlook.
News:
Cryptos Slide Accelerates On US Congress Warning: