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Bitcoin entering most likely 2 weeks for new BTC price dip — Analysis

Bitcoin entering most likely 2 weeks for new BTC price dip — Analysis

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Source: Coin Telegraph

Bitcoin market inertia is dragging on, and a BTC price drop over the next fortnight would correspond to classic post-halving behavior.

Bitcoin (BTC) slid lower into the April 26 Wall Street open as familiar trading conditions kept bulls in check.

Data from Cointelegraph Markets Pro and TradingView showed BTC price action coming full circle from highs of $65,300 into the daily close.

A stubborn trading range retained power over the market amid problematic macroeconomic data and weak performance from the United States spot Bitcoin exchange-traded funds (ETFs).

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Author: William Suberg