Is Bitcoin Set to Drop?

<p><img width="612" height="459" src="https://www.actionforex.com/wp-content/uploads/2018/07/f-bitcoin6.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2018/07/f-bitcoin6.jpg 612w, https://www.actionforex.com/wp-content/uploads/2018/07/f-bitcoin6-600×450.jpg 600w, https://www.actionforex.com/wp-content/uploads/2018/07/f-bitcoin6-80×60.jpg 80w, https://www.actionforex.com/wp-content/uploads/2018/07/f-bitcoin6-265×198.jpg 265w, https://www.actionforex.com/wp-content/uploads/2018/07/f-bitcoin6-560×420.jpg 560w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Bitcoin&#8217;s price remains stagnant despite the Fed&#8217;s slightly less hawkish tone. In contrast, Bitcoin has outperformed other assets, doubling in price from $16K to nearly $38K this year. Improved fundamentals, including the resolution of Binance concerns and FTX&#8217;s token performance, boost sentiment. Traders are eagerly awaiting the approval of BlackRock&#8217;s ETF, a potential catalyst for [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/529762-is-bitcoin-set-to-drop/">Is Bitcoin Set to Drop?</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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