Bitcoin (BTC) $63,884.33 3.16%
Ethereum (ETH) $1,774.38 2.62%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 78.886268 2.12%
Cardano (ADA) $0.17 0.75%
Chainlink (LINK) $7.90 3.75%
Litecoin (LTC) $44.32 1.50%
Dash (DASH) $34.72 2.18%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.226487 2.47%
X-Cash (XCASH) 1.0E-6 0.00%
Dogecoin (DOGE) $0.00 -2.53%

Cryptocurrencies: 29409

Markets: 111339

Market Cap: $2,190,160,803,995

24h Vol: $64,523,422,869

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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