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NewsBTC 2019-08-21 13:00:19

Bitcoin Could Get Stuck in $8k-20k Range Endlessly: Bloomberg Analyst

Bitcoin could get remain stuck in a price range defined by $8,000 as support and $20,000 as resistance, believes Mike McGlone of Bloomberg Intelligence. The senior commodity strategist on Tuesday said bitcoin price is in an “extended hibernation” state because more people are storing the cryptocurrency like gold instead of trading it on the spot...The post Bitcoin Could Get Stuck in $8k-20k Range Endlessly: Bloomberg Analyst appeared first on NewsBTC.

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