$28k Or $32k? What's Next For BTC Price Coming Week
The BTC Price Outlook Bitcoin is currently changing hands at a price of $29,368.16 as it is currently paring off the losses acquired over the past 24 hours. Overall, BTC price has maintained a slim gain in the past week, drawing on the accumulated gain of 2.3% in the time under review. advertisement To CrediBULL, there is a high possibility that the BTC price will retest the 28,700 to 29,000 price range in the short term. This range, if tested, he believes will hold and not fuel an additional drawdown provided the bottom is in. According to the analyst, failure to hold this price range will be a sign that there is a need for more selloffs to counterbalance the impulsive buying that we have seen in recent times. I think we test 28.7k-29k at some point. If bottom is in, it should hold. If we lose it, one more flush down as per my last tweet (quoted). Ideally would like to see some liq taken above before we test GREEN. Recommended Articles