A fall in an important Bitcoin-related metric with ties to overall crypto market sentiment over the past couple of weeks, suggests that recent price action across the crypto market has traders and investors increasingly fearing that the bottom isn’t in for Bitcoin, and may be adjusting their expectations and preparing positions in anticipation of the market falling further into the downtrend.Are Crypto Traders Reconsidering That The Bottom Is “In?”Crypto traders and analysts will use any information or statistics available to them in order to attempt to gain a competitive advantage over others in the market, such as predicting when trends are about to reverse. After months of downtrend, traders are attempting to do just that, and “knife-catch” the bottom, and are using any tools they can get their hands on to figure out if that bottom is indeed in.Related Reading | The Biggest FUD and FOMO Moments in Crypto 2019The post appeared first on NewsBTC
