In Bitcoin We Trust Newsletter

In Bitcoin We Trust Newsletter

Bearish Pressure for the Bitcoin Price Which Will Try to Make the $28.5K Area a Support. What’s Next for Bitcoin Price?

Bonus: a question at the end of the article on which I await your opinion.

Sylvain Saurel
Apr 20, 2023
∙ Paid

After several days of battle between Bulls and Bears for the psychological barrier of $30K, the Bears hit hard on April 19, 2023, forcing nearly $52 million in liquidated long positions on the Bitcoin market:

The price of Bitcoin fell rapidly, dropping back below $29K. The daily close on 04/19/2023 was at $28.8K.

This was enough to make some people start …

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