Cryptocurrencies: 27289
Markets: 108940
Market Cap: $3,811,914,659,354     
24h Vol: $95,467,003,561
Crypto Potato 2022-11-21 16:19:41

Bitcoin Trading at Historic Support but is a Drop Below $16K Inevitable? (BTC Price Analysis)

At the time of writing, Bitcoin is trading at $16,100. The following looks at the worst-case scenario in the short term, given the market’s broad pessimistic sentiment. Technical Analysis By Grizzly The Daily Chart: On the daily chart, there are still no credible positive signs, and the cryptocurrency appears to be trending lower. Since the
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