Analysts: The current Bitcoin price trend is similar to what it was when the 50% plunge in December 2018

Today, cryptocurrency analyst Bitcoin Jack tweeted that the current price trend of bitcoin is similar to the situation when Bitcoin prices plummeted by 50% in December 2018. If the bearish price movements of the past two months may have caused small miners to surrender, then the decline in BTC may be much lower than the expected support level. The analyst noted that when the price of Bitcoin hovered at $ 7,100: "You should start worrying. The pressure that Bitcoin spends below $ 7300-7900 per day indicates that miners are now the target."