As the weekend almost dawns upon the cryptocurrency industry, there are several possible scenarios waiting to play out. In the bearish sense, Bitcoin might lose a bit of value and drag all alternative markets with it. So far, it seems there is no real pressure yet, as the $5,300 level remains ripe for the taking. This is positive Bitcoin price news, albeit weekends remain unpredictable.
Bitcoin Price Momentum Remains Intact
When the world’s leading cryptocurrency so much as dares to move an inch in either direction, there will be new price predictions being charted. Bitcoin has captivated a lot of traders’ hearts, even though it is not moving up as swiftly as some people would like. Even so, it seems the world’s leading cryptocurrency shows no signs of weakness yet despite a very bearish hourly candle not that long ago.
All things considered, there is no reason to be surprised where the current Bitcoin price is concerned. As was to be expected somewhat, the $5,300 level remains in place, although the actual struggle…