Bitcoin Bahamas BTC/USD D2T RIA Bitcoin Bahamas

Bitcoin Price Prediction as BTC Sees $16 Billion Trading Volume Come In

Reading now: 746

Bitcoin (BTC) was trading near a recent price floor as the weekend began on a bearish note. Bitcoin is trading slightly lower on Saturday, below the 23.6% Fibonacci retracement level, with resistance at $17,250.An already negative trend has been reinforced by the continuous drop in BTC's price in the wake of the FTX controversy.

This affects not only miners but also some of Bitcoin's most well-known metrics, and it has repercussions for many other essential parts of the Bitcoin network.One of these is stock-to-flow (S2F), whose price predictions are under greater scrutiny and criticism.

The website is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News