BTC Price Analysis- Why Bitcoin Price Could Revisit the $19000 Mark?
From coingape.com
The Bitcoin price took a major hit from news and technical analysis. Thus, the US Fed pointed to another interest hike next month to fight the high inflation, which ignited a 7.3% fall on the intraday level. Moreover, the coin chart showed a bearish wedge pattern which triggered the last five days’ downfall, registering a cumulative 12% drop. How low this pattern will lead the BTC price. As per the technical analysis, the ongoing sell-off in the market accentuates that the history has repeated for Bitcoin (BTC) price. Furthermore, as coingape mentioned in their recent article, the coin chart showed the formation of a ...
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