CoinGape
2022-07-03 13:35:36

BTC Price Analysis: Technical Indicator hints Upcoming recovery for Bitcoin

This week’s V-top reversal has completely nullified the recent recovery rally, indicating the sellers still hold trend command. Moreover, the coin price retested the immediate support of $18700, teasing a bearish breakdown. So is Bitcoin (BTC) going for a new 2022 low? Key points: The BTC/USDT daily chart shows seven consecutive red candle Bitcoin traders The post BTC Price Analysis: Technical Indicator hints Upcoming recovery for Bitcoin appeared first on CoinGape.

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