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Bitcoin has further to fall before BTC attacks $70K, says trader
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Bitcoin (BTC) remains bullish but has "one more leg down" to complete before a resurgence, one trader argues.
In analysis on Nov. 10, popular Twitter account Crypto Ed said that the pullback from this week's all-time highs above $68,500 was turning out to be deeper than anticipated.
"Going a bit deeper as I was expecting yesterday. Looks like it will do 1 more leg down to complete that ABC," he said alongside a forecast price trajectory chart.
BTC/USD could thus fall as low as $65,000 in the short
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