The onslaught continues as the Bitcoin price has failed to make a meaningful bounce , and the bears have kept the price suppressed below $110,000 for the majority of the weekend. This has already triggered fear in the market, with the Fear and Greed Index falling into the Fear territory, marking a new 5-month low. From here, the next direction of the Bitcoin price carries a lot of weight for the entire market, and the point at which the cryptocurrency is sitting is a decision-making point.

Bitcoin Price Falls Into Critical Junction

According to crypto analyst Weslad, who posted an interesting analysis on the TradingView website, the Bitcoin price is now sitting at what could be considered a make-or-break level. This critical junction lies at a major supply zone, and with the strong s

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