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Analyst: Bitcoin (BTC) Likely to Climb Back Above $3500 After Finding Support at $3400

Analyst: Bitcoin (BTC) Likely to Climb Back Above $3,500 After Finding Support at $3,400 | NewsBTC

Earlier this week, Bitcoin (BTC) failed to uphold its previously established support level around $3,550, which led to a sharp drop to $3,400. Although at the time of this drop many analysts expected BTC’s main region of support to exist around its 2018 lows at approximately $3,200, the cryptocurrency was able to find support at $3,400.