Bitcoin (BTC) $76,676.64 -0.54%
Ethereum (ETH) $2,124.82 0.26%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 84.935901 -0.10%
Dogecoin (DOGE) $0.10 -2.33%
Cardano (ADA) $0.25 0.26%
Chainlink (LINK) $9.62 1.19%
Litecoin (LTC) $54.24 0.33%
Dash (DASH) $42.90 5.86%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.831701 4.23%
X-Cash (XCASH) 7.0E-6 -0.84%

Cryptocurrencies: 28960

Markets: 114116

Market Cap: $2,557,594,794,866

24h Vol: $95,209,059,350

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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