Bitcoin dips below $42K as new forecast says breakout ‘most probable outcome’ for BTC price By Cointelegraph

Jan 17, 2022


© Reuters.

(BTC) returned nearer to $40,000 on Thursday as $44,000 resistance proved an excessive amount of for bulls to beat.

1-hour candle chart (Bitstamp). Supply: TradingView

Information from Cointelegraph Markets Professional and TradingView confirmed BTC/USD shedding round 4% in 24 hours on Jan. 14.

BTC/USD 1-day candle chart (Bitstamp) with 50-day, 200-day transferring averages. Supply: TradingView
BTC funding charges chart. Supply: Coinglass