Bitcoin and other risky assets like stocks plunged last week amid rising concerns about monetary policy. The BTC/USD pair retreated to a low of 22,523, the lowest point since February 15. It has had a major reversal after it peaked at 25,266 last Sunday. BTC/USD daily chart analysis The daily chart shows that the BTC/USD pair has been in a slow bullish trend in the past few weeks. This rally happened after the pair moved to a low of 15,384, the lowest point in November last year. It has moved above the key resistance level at 21,546, the highest point on November 5. It has made a break and retest pattern by retesting ... (full story)