Macro factors are combining to make more and more analysts distinctly wary over where Bitcoin and altcoins are headed in 2022.
Bitcoin (BTC) scooped liquidity at new lows on Jan. 7 as 2022 continued to deliver uninspiring price action. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: BTC price should close above $42,400Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting its lowest levels since September overnight and reaching $40,938 on Bitstamp.The pair had initially bounced at $42,000 but then renewed its descent, surpassing the floor seen in December’s liquidation cascade.Among traders, the discussion focused on a similar event occurring, with targets even including a crash below September’s $30,000 lows.“Could even go lower with a liquidation wick, below September lows,” popular Twitter trader Crypto Ed warned as part of his latest forecast.At current levels, Bitcoin thu
We współpracy z: https://cointelegraph.com/news/bitcoin-may-pass-30k-september-lows-trader-warns
