Bitcoin Price At Risk Of 50% Correction As BTC’s 2022 Bearish Playbook Repeats

3 days ago

As the crypto market recovers from the latest pull

Bitcoin Price At Risk Of 50% Correction As BTC’s 2022 Bearish Playbook Repeats

Bitcoin Price At Risk Of 50% Correction As BTC’s 2022 Bearish Playbook Repeats

As the crypto market recovers from the latest pullback, Bitcoin (BTC) is attempting to bounce from its one-month low. Some analysts have warned that the correction has left the cryptocurrency in a “fragile position” that resembles the start of the previous bear market.

BTC price action resembles its 2022 performance. Source: Philarekt on X
Bitcoin’s performance in the one-week chart. Source: BTCUSDT on TradingView

Featured Image from Unsplash.com, Chart from TradingView.com

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