Bitcoin price analysis: BTC continues consolidation around $30,500, further downside incoming?

Bitcoin price analysis: BTC continues consolidation around $30,500, further downside incoming?


Cryptopolitan
2022-06-08 14:51:44

Bitcoin price analysis is bearish today as we have seen failure to reach further upside since morning as the $30,500 resistance gets respected. Therefore, BTC/USD should continue testing further downside later today and look to return towards the $29,250 previous lows. The market overall has posted gains across the board. The majors, Bitcoin and Ethereum,...