Bitcoin Technical Analysis: Remains In Bearish Territory (March 2020)

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Bitcoin Technical Analysis: Remains In Bearish Territory (March 2020)

Bitcoin remains in bearish territory. Recent attempts to save the price have been futile. As the Coronavirus situation worsens, we are seeing more and more pressure being put on markets. Bitcoin is not immune to such pressures and we have previously seen that sooner or later it leads to a major decline in the markets. The most probable scenario here would be for BTC/USD to decline by the end of the month. This would most likely coincide with a similar decline in the stock market. For now, it is not clear what kind of a decline we might be looking at here but there is a high probability of the price finding support between $ and $

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