3 reasons why Bitcoin is struggling to flip $20K to support
— Research, Flip, Bitcoin, Index, Reasons, Market, Exchanges, Fear, Trading, Struggling — 1 min read
Bitcoin (BTC) and the wider market slid back toward new yearly lows on July 13. Data from Cointelegraph Markets Pro and TradingView shows that July 13 marked the fifth consecutive day of a declining BTC price, which hit an intra-day low at $18,910. Bitcoin's gains over the past week had sparked a new wave of optimism for some traders, but that optimism is likely to fade in the near term. The Crypto Fear and Greed Index is currently experiencing a “record-long 68-day streak” in the extremely fearfully territory. The appearance of highly leveraged liquidity signaled the possibility that Bitcoin could make a run for $25,000 barring any unforeseen negative developments. The one thing that traders should prepare for is the potential Source