Bitcoin witnessed fresh selling and minor profit booking as bulls failed to keep up the upbeat mood and cross the resistance level In my previous analysis Stalled I had stated that if the bulls struggle for too long below the resistance then it may eventually lead to a decline I still maintain my view

Bitcoin bulls have repeatedly claimed that the cryptocurrency price will hit 20250 shortly While many analysts believe it would happen some disagree

On May 15 the Bitcoin Cash BCH blockchain will be upgraded and there will be at least three new features added to the longest chain The upgrade in three days is being discussed fervently by the community because it follows the recent and controversial Infrastructure Funding Proposal IFP

Bitcoin witnessed fresh selling and minor profit booking as bulls failed to keep up the upbeat mood and cross the resistance level In my previous analysis Stalled I had stated that if the bulls struggle for too long below the resistance then it may eventually lead to a decline I still maintain my view