Bitcoin price analysis: BTC not yet ready to continue higher, retest of $29,500 overnight?

Bitcoin price analysis: BTC not yet ready to continue higher, retest of $29,500 overnight?


Cryptopolitan
2022-05-17 16:44:10

Bitcoin price analysis is bearish today as we have seen failure to continue higher after another higher low was set at $29,500 yesterday. Therefore, BTC/USD should retest the support next and potentially break lower to continue along with the several-week bearish trend. The market has moved slightly in the green over the last 24 hours....