Bitcoin (BTC) Price is in Deep Trouble.

[Heena Kousar]

Bitcoin price has again plunged hard, showing the chances of violating through the lower support to make a new all time low for the year 2022. At the same time, the whales, and the bulls continue to accumulate because they appear to be quite sure of the coming trend reversal.

According to Coinpedia, the price of Bitcoin is expected to hover across $18,500 for a while before the bears start to extract the benefits and force the price to drop harder. Also, according to a popular, the next stop for the BTC price could be anywhere between $10,000 to $14,000. What are your thoughts on this, you too believe the same, or will the BTC price display a bullish trend?

 

[Suba]

It has long been predicted that Bitcoin will bottom out at around $13k. and currently the price of Bitcoin is $ 16.7k, and using the trend line for 7 days later it is estimated that the price of Bitcoin will reach the point of $ 15.8 and will continue to fall, despite the turbulence of a slight price increase. influenced by supply and demand factors.