The Bitcoin price has been moving sideways over the past few weeks, although it saw a volatility spike in the last 24 hours. However, the cryptocurrency remains stuck as sentiment turns negative, and more and more traders expect another re-test of critical support.
As of this writing, Bitcoin (BTC) trades at $26,200 with a 3% profit in 24 hours. The cryptocurrency recorded a 2% profit the previous week and was the best performer in the crypto top 10 by market capitalization.
Why Is The Bitcoin Price Likely To Re-Test Critical Support
According to trading desk QCP Capital, the crypto market is about to enter its final quarter with a large option expiration event set for September 29th. These events are often a source