In our Asian session Bitcoin price prediction, we predicted BTC would fall further to complete a 61.8% Fibonacci retracement at $17,440 before rebounding. BTC has dropped to trade near $17,500; closing candles above this level can cause a bullish bounce. The aggressive FOMC and Fed rate hike decisions may be one of the leading causes driving a bearish trend in Bitcoin. ... Read More: Bitcoin Price Prediction as BTC Spikes Above $18,000 For The First Time in 30 Days and Falls Back Down – Time to Buy the Dip?
