Nouvive has been correct in their statement for the past two weeks stating not only that Bitcoin would climb from $5,800 to $7,400, but also as recently as $8,200 would be the last time that we saw that figure before dumping.
As is the case, currently we saw Bitcoin fight to stay at the top at $8000, it could not with the bulls losing a key trajectory market movement, before Bitcoin as recently as half an hour ago seeing the $7,600 figure.
Realistically, $7,600 isn’t the last drop that we will see. According to Nouvive’s Chief Analyst, Adris, we will see $7,200 at the close of the week.
As most Alternative Crypto-assets are tethered to Bitcoin, this brings some sadness to the market as a whole. We will be seeing the vast majority of the Crypto market in red during the course of the week.
Even ETH or Ethereum has seen an incredibly red day currently crashing past support of $430, most likely starting the middle of the month at April Lows of $363.
Nouvive is currently providing Premium Subscribers with ways around the negative lows of CryptoCurrencies this month.
Don’t be sad, there are positives on the rise, even if you can’t see them. WE CAN.
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