Bitcoin's Price Forecast: Is a Sub-$20k Scenario in Sight?
Coinpedia
18 Sep 2023 4:46 AM
Bitcoin's price has had a tough month, dropping 12% to its current level of $26,500, with a significant dip starting in mid-August when it fell below...
- Bitcoin's price has dropped 12% in the past month, currently at $26,500.
- The Federal Open Market Committee (FOMC) meeting on September 20 will impact interest rates.
- Rekt Capital's analysis suggests potential scenarios for Bitcoin's Macro Higher Low.
- October, December, and April 2024 are highlighted as possible dates for the Higher Low, with corresponding price levels.
- Bitcoin's past movements in 2015 and 2019 are referenced, indicating important weeks ahead.
- The direction and main trend of Bitcoin leading up to the 2024 Halving will be confirmed soon.
The sentiment of the article is neutral, providing analysis and information about Bitcoin's price and potential scenarios.
You May Ask
What is the current price of Bitcoin?What is the significance of the FOMC meeting on September 20?What are the potential scenarios for Bitcoin's Macro Higher Low?How do Bitcoin's past movements in 2015 and 2019 relate to the current situation?What will be confirmed about Bitcoin's direction and main trend leading up to the 2024 Halving?