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Just-In: Bitcoin (BTC) Price May Remain Below $20,000 This Year, Here's Why

source-logo  coingape.com 06 September 2022 13:14, UTC

Bitcoin (BTC) price struggles to surpass $20,000 as the bear hug tightens further. The rise in selling pressure, the Fed’s hawkish rate hikes, and whales selling their BTC holdings degrade the chances of any revival. Moreover, the increasing dormant BTC supply is making the bear market stretch longer.

coingape.com