Valdrin discovered cryptocurrencies while he was getting his MSc in Financial Markets from the Barcelona graduate school of Economics. Shortly after graduating, he began writing for several different cryptocurrency related websites as a freelancer before eventually taking on the role of BeInCrypto's Senior Analyst.
The Bitcoin price is possibly following a bearish Wyckoff distribution pattern.
The pattern would be confirmed by a breakdown from the long-term ascending support line, in place since March 13.
If the price breaks down, it could decrease all the way down to between $6,350 - $7,150.