More Losses in Bitcoin?

BTC

BITCOIN ANALYSIS

8/22/2022

Well, Bitcoin went exactly as predicted and is currently facing fairly strong resistance to start the climb.

If bitcoin fails to clear the $22,000 resistance zone, there is no possibility of it moving upwards.

The next major support for BTC now is $20,800. A downside break and a close below the $20,800 level might spark another sharp decline. In the stated case, the price might decline towards $20,000 and, after that, $19,000.