cryptonews
2022-12-16 16:04:00

Bitcoin Price Prediction as BTC Falls Below $18,000 – How Low Can it Go?

The prediction for the price of Bitcoin has become bearish, as BTC has fallen below an upward channel. If BTC closes outside of this channel, it is likely to drop to $16,775. The US session saw further selling in BTC after worse-than-expected US Flash Services PMI on Friday, disappointed market participants. Traders appear to be anticipating further rate hikes from the Federal Reserve and the European Central Bank.... Read More: Bitcoin Price Prediction as BTC Falls Below $18,000 – How Low Can it Go?

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.