$28,000 Bitcoin is in the cards, but it won’t happen without a struggle

$28,000 Bitcoin is in the cards, but it won’t happen without a struggle

Professional Bitcoin traders displayed strength after the BTC price corrected to $25,830, favoring further bullish momentum.

Market Analysis Join us on social networks

Bitcoin’s price declined for eight consecutive days through May 13, totaling a 9.4% correction. The last time such a losing streak happened was on June 14, 2022, after the Celsius lending platform halted withdrawals and FUD — fear, uncertainty and doubt — emerged from United States software firm MicroStrategy’s loan being liquidated at $21,000.

Nothing remotely similar happened as Bitcoin (BTC) retested the $25,800 support on May 12, apart from the network congestion and increased transaction fees. Traders and analysts speculated that a coordinated attack was aimed at causing network instability.

Bitcoin is under DoS attack. High transaction fees are the chosen pain point by the

Trending: Russia Seeks Arrest Of Sen. Lindsey Graham

Continue reading


Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Daily Truth Report • DailyTruthReport.com
Thanks for sharing!
Send this to a friend