After remaining the hot cake for a better part of 2017 and early 2018, Bitcoin’s price nosedived to $6,200 in February 2018. However, if trends are to be believed, there could be a revival in Bitcoin’s fortunes. If that happens, it will mark another bull run for Bitcoin, and that the longest one. Bitcoin’s average convergence-divergence histogram shows higher lows, which is indicative of seller exhaustion. Many other indicators also seem to suggest that there could be oversold conditions.
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