Bitcoin price analysis: Bears relentlessly pursue $18k lows
Bitcoinการวิเคราะห์ราคา Bitcoin: หมีไล่ตามจุดต่ำสุดที่ 18 ดอลลาร์อย่างไม่ลดละ08 / 27 / 2022ข่าว Bitcoin Ethereum Bitcoin price analysis shows that the pair is clearly in strong negative headwinds as it is barely clinging onto $20,000 price level. The negative bias is aided by the thin liquidity over the weekend where traders arent taking any big positions. The sharp fall in equity markets on Friday is likely to continue next week and can have more negative impact on the pair. The hawkish comments by the Fed Chair Jerome Powell will aggravate matter further in the crypto market. The consolidation near $20,000 is not concrete as the price can even fall further towards $18,000 level. The market mood is bearish as the pair oscillates near $20,000 level. Bulls are barely able to maintain volumes to cling to the $20k level. ตัวอย่างวิดเจ็ต ITBnBitcoin price movement in the last 24 hours: Slow and steady decline below $20k The ‘flag and pole’ pattern confirmation on the charts is a huge bearish signal. The bears are creating large sell positions for the last 24-48 hours in order to break below $20,000 mark. The gradual movement near $20,000 level shows that the pair is losing steam as it walks into the weekend with thin volumes