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Bitcoin's Price Struggles Amidst Regulatory Uncertainty and Fed Rate Hike Fears.

1 min read
Source: The Daily Hodl
Bitcoin's Price Struggles Amidst Regulatory Uncertainty and Fed Rate Hike Fears.
Photo: The Daily Hodl
TL;DR

Analyst Bluntz predicts a Bitcoin bounce incoming as swing failure patterns are forming on the daily chart of BTC and other top crypto assets in a downtrend, suggesting a reversal to the upside. Bluntz warns that now is not the time to be short and expects Bitcoin to rise after overcoming key resistance levels. The analyst also sees potential upside for Litecoin based on historical data from its previous halving events.

Topics:businesscryptocurrency#bitcoin#bullish-sentiment#cryptocurrency#litecoin#swing-failure-patterns
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  1. Top Crypto Analyst Predicts Bitcoin Bounce Incoming, Warns Now’s Not the Time To Be Short  The Daily Hodl
  2. Bitcoin Prices Dodge a Deeper Selloff. What the Debt Ceiling Means for Cryptos.  Barron's
  3. Bitcoin Drops As Investors Await Regulatory Clarity  Benzinga
  4. Bitcoin price retests key support as Fed rate hike fears steal $27K  Cointelegraph
  5. Bitcoin in Stasis Below $27K Ahead of Powell Speech  CoinDesk

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