Bitcoin Technicals Look Shaky in Q1 2020

in #dlikelast year

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Bitcoin's price has been bolstered due to the recent tensions between the US and Iran.

Unfortunately, the recent spike that can be attributed to Bitcoin's emerging status as a safe haven asset.

The chart for Bitcoin appears shaky at best.  Bitcoin fell below $7,000 and captured media attention that saved the price.

What will happen as the news of tensions are priced into the asset?


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