Following the bearish breakout of the upward channel on December 12, the Bitcoin price prediction turned bearish. It was supporting Bitcoin near the $17,000 level, and now, following a bearish breakout, Bitcoin price is vulnerable to the $16,750 level.
Ark Invest’s CEO Cathie Wood recently tweeted her admiration for Bitcoin’s resiliency, noting that the flagship cryptocurrency “didn’t skip a beat” amid a recent crisis….
Read More: Bitcoin Price Prediction as ARK Invest’s Cathie Wood Praises BTC Despite Bear Market – Here’s Where BTC is Targeting Now