Rob Ginsberg, charting analyst at Wolfe Research, said: "The situation in the cryptocurrency space as a whole is not optimistic at the moment. Bitcoin is still stuck in a downside channel and the price is gradually falling from the high in March. While a short break would be very positive, we still respect the megatrend. Bitcoin is likely to return to the bottom of the range, the 50,000 USD low area, in the coming weeks. Bitcoin's trend has been deteriorating since peaking in March, with a...