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CoinGape
2022-06-01 13:59:12

Here’s Why Bitcoin (BTC) Could Bottom Out At $23K

Here’s Why Bitcoin (BTC) Could Bottom Out At $23K

Popular analyst Rekt Capital believes the BTC price will form a bottom at around $23k to the 200-week moving average (200-WMA). In fact, the recent Bitcoin recovery could be short-lived as historically, Bitcoin had formed macro double bottoms at the 200-WMA. The Bitcoin (BTC) price is currently trading sideways above $31,500 levels, rising higher in The post Here’s Why Bitcoin (BTC) Could Bottom Out At $23K appeared first on CoinGape.

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