Analyst: Bitcoin Is Primed to Drop Under $9,000 Again After the Strong Bounce

Bitcoin has seen a strong recovery since plunging nearly $1,000 in approximately 12 hours earlier this week. As of the time of this article’s writing, the leading cryptocurrency trades for $9,500 — around 5% higher than the local lows. Yet a number of analysts believe that it is only a matter of time before BTC returns under $9,000 as bulls fail to step in. Related Reading: Here’s Why Ethereum Is a Poor Investment According to […]