Bitcoin price dips 14% in August as trader warns of ‘macro drop down’

Bitcoin price dips 14% in August as trader warns of ‘macro drop down’

Market Analysis
September 1, 2022 by secret
185
[ad_1] Bitcoin (BTC) has sealed its worst August performance since 2015 after the monthly candle closed down 13.9%. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Weekly candle “doesn’t look good” Data from Cointelegraph Markets Pro and TradingView confirms that BTC/USD finished the month at $19,990. A knock to bulls’ efforts to stabilize spot price, the