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BTC Technical Analysis Indicator Flips Bearish on Price, Scaring Crypto Twitter

Altszn.com by Altszn.com
June 14, 2023
in Bitcoin
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BTC Technical Analysis Indicator Flips Bearish on Price, Scaring Crypto Twitter
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Some technical analysts, however, say the signal is undermined by other factors, and macroeconomic events such as the U.S. inflation figure due today and Wednesday’s Federal Reserve decision will also influence bitcoin price performance. Still, the signal comes after BTC’s 16% decline from highs around $31,000 registered two months ago, raising questions about the sustainability of the bull revival witnessed early this year.

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Read More: www.coindesk.com

Tags: AnalysisbearishBitcoinBTCCryptoflipsindicatorPriceScaringTechnicalTwitter
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