Data points to a Bitcoin bottom, but one metric warns of a final drop to $14K

2022.07.19 09:22

Data points to a Bitcoin bottom, but one metric warns of a final drop to $14K

“When will it end?” is the question that is on the mind of investors who have endured the current crypto winter and witnessed the demise of multiple protocols and investment funds over the past few months.

This week, Bitcoin (BTC) once again finds itself testing resistance at its 200-week moving average and the real challenge is whether it can push higher in the face of multiple headwinds or if the price will trend down back into the range it has been trapped in since early June.

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