Bitcoin Approaches Local Bottom Amid Recent Massive BTC Sell-Offs – Bitfinex

Bitcoin continues to struggle with regaining its upward momentum after dropping from the $62,800 level about a week ago, fueling speculations of an imminent further decline. However, Bitfinex, a leading Hong Kong-based cryptocurrency exchange, in a recent analysis report has predicted that Bitcoin could be nearing a potential local bottom, suggesting that its recent decline

Source: Bitcoinist