A professional
cryptocurrency analyst, Crypto Tony (Twitter: @CryptoTony_), has made it clear
that #Bitcoin bulls have to act on $31,000 if the rally is to continue from
current levels, adding that otherwise, the coin’s value may nosedive to $28,000
to accumulate more buying pressure before a skyrocketing again.
With
altcoins like Bitcoin Cash and Litecoin taking the lead in the recent rally,
Bitcoin dominance is slated to drop further in the coming days.
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