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 Cointelegraph Store: Introducing Bitcoin Pizza Day merch for crypto OGs May 22, 2022 The Merge: Top 5 misconceptions about the anticipated Ethereum upgrade August 13, 2022 Banks and the Fed have a problem — What about crypto? March 23, 2023