Bitcoin price analysis: BTC retraces to $31,000, another test od downside next?

Bitcoin price analysis: BTC retraces to $31,000, another test od downside next?


Cryptopolitan
2022-05-13 17:38:55

Bitcoin price analysis is bearish today as we expect another drop lower to follow after a retracement of over 20 percent. Therefore, another lower high is set, and BTC/USD is ready to drop further again. The market has traded in the green over the last 24 hours. The leader, Bitcoin, gained 2.33 percent, while Ethereum...