Bitcoin crashed to below $30,000 and managed to recover — but FUD still shadows the market

The Bitcoin crash on July 20 mimicked the crash seen on stock market Dow Jones, following concerns around a third wave of COVID-19 infections.

Bitcoin tumbled to below $30,000 but has since managed to climb back up.

However, the fear, uncertainty and doubt (FUD) around cryptocurrencies still remain, leaving the fate of Bitcoin’s value hanging in the balance.

Bitcoin Price Analysis: Is This a Trend Reversal, or Will We See More Bearish Price Levels?

Source : coinpedia. org/bitcoin/bitcoin-price-analysis-is-this-a-trend-reversal/