Bitcoin price loses $20K as trader warns US dollar ‘not quite topped out’
Bitcoin fails to avoid returning back under $20,000 after local highs prove too much to sustain.
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Bitcoin fails to avoid returning back under $20,000 after local highs prove too much to sustain.
A classic snap of sideways trading action sees the Bitcoin price aim higher, but concerns remain over what happens next.
It's still all about the U.S. dollar this week as the monthly close and options expiry loom for Bitcoin.
A time tunnel to November 2020 opens on BTC price action as the U.S. dollar lays waste to currencies and equities alike.
There's little to smile about for Bitcoin bulls as the weekly candle nears completion at nearly the same place as two years ago.
The XRP price rally appears to be driven by a "buy-the-rumor" frenzy in a potential lawsuit win for Ripple versus the SEC.
Bitcoin accumulation is in full swing during the downtrend despite BTC price having more room to drop.
Polls suggest that the Fed is likely to raise rates by 75 basis points as Bitcoin price clings to $19,000.
A set of technical indicators see Bitcoin price ending its prevailing bearish cycle.
On-chain and technical indicators also hint at more pain for Bitcoin and Ethereum for the remainder of 2022.