Bitcoin price surges to $21.8K, but analysts warn that the move could be a fakeout Post author:MiamiCrypto Post published:July 8, 2022 Post category:Bitcoin Price / BTC Markets / Cryptocurrencies / Cryptocurrency Exchange / Federal Reserve / Market Update / Markets Traders rejoice after BTC price spikes 7% to $21,800, but analysts say the macro downtrend is likely to prevail for the foreseeable future. You Might Also Like Coinbase pauses staking services in four US states following regulators’ orders July 14, 2023 Crypto markets could face downside pressure after Fed meeting, says analyst December 8, 2025 Traders say Bitcoin’s drop to $57K is an ‘attractive entry’ for hodlers November 18, 2021