The fight between bears and bulls in the crypto market continues unabated. The bulls are struggling to keep Bitcoin above the $ 6,000 level.
Big Cheads, the famous cryptocurrency trader on Twitter, said that the bulls made an intense effort to maintain the $ 6,000 level in Bitcoin, which was traded at $ 6,340 at the time of writing.
$ BTC the #bitco 4 hour – Bulls working hard to hold on to key support level 6k the pic.twitter.com/uorwvcea7
– Big Cheds (@BigCheds) March 21, 2020
The bears managed to lower the price many times on March 21, but they could not take control completely. In the event that Bitcoin falls below the $ 4,000 level again, analysts are expected to continue the downward trend, in common opinion. The potential rise of the leading crypto asset, which reached the level of almost $ 7,000 on March 12 and later experienced a serious decrease again, is expected by many investors.
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