Cryptocurrencies: 26535
Markets: 104125
Market Cap: $3,280,079,261,583     
24h Vol: $98,446,316,894
Coin-turk.com 2023-08-16 14:54:51

Bitcoin Faces Rectangular Formation with a Bearish Outlook

Bitcoin (BTC) and the rest of the cryptocurrency market are moving within the lowest volatility in history due to investors showing extreme exhaustion. Although the price of the largest cryptocurrency is currently trading just above the $29,000 support with a 0.65% decrease in the past 24 hours, it seems likely to drop to $28,000 or even $25,000 levels due to bearish pressure.The post Bitcoin Faces Rectangular Formation with a Bearish Outlook appeared first on COINTURK NEWS.
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