It doesn't matter how many or how few coins are issued or could be issued; if folks do not want a coin, it has no value. However, many imagine the value of the digital foreign money would skyrocket soon, as there are a number of bullish sentiments round it. However, there are different sentiments about Bitcoin’s efficiency after halving, particularly because of the COVID-19 outbreak. Whatever the indicators of weakness that Bitcoin is showing as it struggles to interrupt out of the decrease $7k region, it's worth noting that there are just a few technical components that would help push the worth of the digital foreign money over its main hurdle zone and MA50. However, for Bitcoin to return to the positive territory, the bulls have to push prices over the $6,800 hurdle level and amass traction over the $7k hurdle point. Bitcoin News Today - The world’s largest digital forex by market cap has been trading in a tight zone over the previous day.