16-12-2022 04:12 via newsbtc.com

Bitcoin Price Prediction: Why BTC Could Still Tumble Below $16K

Bitcoin price failed to clear $18,000 and corrected lower. BTC is signaling bearish signs and might even start a fresh decline in the coming sessions.Bitcoin started a downward move and traded below the $17,600 support.
The price is trading below $17,500 and the 100 hourly simple moving average.
There was a break below a major bullish trend line with support near $17,620 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could continue to move lower unless it reclaims the
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