Bitcoin (BTC) $70,448.75 -2.54%
Ethereum (ETH) $2,069.14 -2.30%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 87.918123 -2.53%
Cardano (ADA) $0.27 -1.75%
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Cryptocurrencies: 28571

Markets: 116755

Market Cap: $2,395,851,244,722

24h Vol: $107,406,955,992

Crypto Potato

2022-11-21 16:19:41

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

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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