Bitcoin (BTC) $108,979.46 0.75%
Ethereum (ETH) $2,561.27 1.82%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 151.721096 2.52%
Cardano (ADA) $0.59 2.74%
Chainlink (LINK) $13.46 2.31%
Litecoin (LTC) $88.26 2.02%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 2.255199 2.00%
Dash (DASH) $20.13 1.51%
X-CASH (XCASH) 3.0E-6 2.01%
Dogecoin (DOGE) $0.00 3.25%

Cryptocurrencies: 26585

Markets: 104250

Market Cap: $3,363,512,843,742

24h Vol: $68,523,822,230

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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