Bitcoin Price Trapped at Crucial Crossroads Despite Weekend’s Surge Above $17k: Analyst

Bitcoin Price Trapped at Crucial Crossroads Despite Weekend’s Surge Above $17k: Analyst


coinpedia
2023-01-09 13:13:53

The post Bitcoin Price Trapped at Crucial Crossroads Despite Weekend’s Surge Above $17k: Analyst appeared first on Coinpedia Fintech News Bitcoin’s (BTC) price has surged to a three-week high after Sunday’s breakout above $17k. A continued crypto bullish sentiment could push Bitcoin price towards last December’s high of around $18,300. However, the tension in the Bitcoin and cryptocurrency market remains high in the coming weeks with DCG insolvency fears. Additionally, the Fed chair Jerome Powell …