Bitcoin Highly Unlikely To Nose Dive To $5k Right Now, Analyst

Crypto-trader and Blockroots co-founder, Josh Rager, believes it is highly unlikely we will see bitcoin price nosedive straight to $5k. Whilst he doesn’t rule out a drop to this level, in his opinion “there would be bounces in between.” Bitfinex Long Jump No Cause For Concern Rager was posting in response to a chart showing a massive increase in open long positions on the Bitfinex exchange. In the past three weeks these have broken out and jumpedRead MoreThe post Bitcoin Highly Unlikely To Nose Dive To $5k Right Now, Analyst appeared first on Bitcoinist.com.