Bitcoin Price Holds At $27,000 – $28,000 Likely Today For BTC?
Bitcoin (BTC) price is showing a lack of buyer participation after crashing around 20% over the last month. The scarcity in bullish momentum has minimized any hope for a recovery rally in the near term. Nevertheless, there appears to be a slow but steady plan for a pullback, which if confirmed, could inspire a new wave of bullish momentum across the broader market. Making A Case For Bitcoin’s Potential To Soar Despite Bearish Outlook B itcoin price has displayed massive volatility as indicated in the numerous fluctuations over the last few weeks. This came as the king crypto battled the waves of an eventful macroeconomic market as the United States gauged inflation levels. Accordingly, as faith in the US Dollar (USD) continues to diminish, amid concerns of the implication of the debt ceiling standoff, B itcoin price could soar. The above narrative is founded upon the growing confidence in Bitcoin as macroeconomic conditions show depreciation. Recently, billionaire ...