Bitcoin ( BTC /USD) – Weekly chart.
Support, Resistance, Trendlines for reference.
Yellow resistance bar was Bearish double-top price pattern from 2021.
note: chart is on Logarithmic scale.
05/11/2022.
Bitcoin and Other Cryptos Are in a ‘Bear Market.’ BTC/USD COINBASE:BTCUSD da_prince_namibia A bear market has settled in for tech stocks as the Fed turns hawkish. It doesn’t bode well for Bitcoin and other cryptocurrencies.
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