Bitcoin’s choppy pattern continues. Here is why the next breakout could be catastrophic


Link: coinjournal.net    Posted By:     Tip: Cryptuity

Since breaking below $19,000, Bitcoin (BTC/USD) has been unable to recover to the crucial psychological level. As of press time, the cryptocurrency trades slightly above $16,000, the level it bottomed at post-FTX collapse. It’s nearly two weeks now, and the price of BTC has been consolidating at this yearly low. Can it recover in the […]

The post Bitcoin’s choppy pattern continues. Here is why the next breakout could be catastrophic appeared first on CoinJournal.

Tags: