Bitcoin Price Analysis: BTC spikes to $29,500, strong reversal to follow?

TL;DR Breakdown BTC moved lower overnight. Support around $29,500 reached. BTC/USD likely to reverse today. Bitcoin price analysis indicates bullish momentum to be seen over the next 24 hours as $29,500 support was reached over the last hours, and further downside is rejected as of now. Therefore, we expect BTC/USD to regain some of the […]