BTC’s price lost its all-time high of $18,000 as FTX fiascos continued to affect its price
Price continues to look bearish with the market’s current state, as things look uncertain for most traders and investors
BTC’s price bounces from a low of $15,500 on the daily timeframe as the price reclaims the 50 Exponential Moving Average (EMA)
The past few days for Bitcoin (BTC) have been rosy, with the price rallying from a low of $15,500 to a high of $16,500, with altcoins enjoying some relief bounce across the crypto market. Despite the relief for the price of Bitcoin (BTC), the price still trades below its previous all-time high support of $18,000, which is a bit problematic considering this region now serves as resistance for a major rally. The Domino effect of the FTX saga and other huge investors has left the market at a standstill as the market is yet to make a major move leading to much fear about where the market could be headed. (Data from Binance)
Bitcoin (BTC) Price An
We współpracy z: https://newsbtc.com/analysis/bitcoin-shows-bullish-above-16500-could-this-be-a-bear-trap/
