Bitcoin Price Prediction: On November 21st, the crypto market put in a sudden surge in selling pressure as the Binance CEO Chenpeng Zhao ‘CZ’ stepped down from the company. As a result, the leading cryptocurrency Bitcoin witnessed a 3% intraday drop and continued its sideways action below the $38,000 resistance. However, a look into the Daily time frame Chart shows this consolidation as the formation of an expanding channel pattern. Here’s how this pattern could influence the near future trend of Bitcoin.
Bitcoin Price Prediction As Emerging Pattern Hints Correction to $34000
coingape.com
22 November 2023 15:41, UTC