Bitcoin Price Prediction as BTC Falls Below $18,000 – How Low Can it Go?

The prediction for the price of Bitcoin has become bearish, as BTC has fallen below an upward channel. If BTC closes outside of this channel, it is likely to drop to $16,775. The US session saw further selling in BTC after worse-than-expected US Flash Services PMI on Friday, disappointed market participants. Traders appear to be anticipating further rate hikes from the Federal Reserve and the European Central Bank.... Read More: Bitcoin Price Prediction as BTC Falls Below $18,000 – How Low Can it Go?