Bitcoin Stuck In $7,000s: Analysts Claim BTC Could Collapse To The $5,000s

Bitcoin Technicals Hint At Impending Pullback

At last, upward momentum for Bitcoin (BTC) has finally begun to slow. During this bout of non-action, analysts across the board have been doing their best to determine what’s next for the cryptocurrency market. And interestingly, many are coming to the conclusion that BTC, alongside its altcoin ilk, will soon fall, looking to technical factors to back their harrowing cries.

In a recent tweet, Nunya Bizniz, an astute trader and analyst,...

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