Bitcoin bulls fail to hold $21K, but pro traders refuse to flip bearish

Bitcoin bulls fail to hold $21K, but pro traders refuse to flip bearish

Market Analysis
November 8, 2022 by keithhill530
195
[ad_1] 147 days have passed since Bitcoin (BTC) closed above $25,000, and the result is that investors are less sure that the $20,000 support will hold. Backing these concerns are persistent global financial and macroeconomic tensions, which escalated on Nov. 7 after European Union officials expressed concerns over the $369 billion U.S. Inflation Reduction Act.