Bitcoin Slips 33% from H2 Highs, BTC Bearish Below $18.5k
Bitcoin prices are down 33 percent from H2 highs and appear to be struggling at spot rates. The immediate limit remains at $18.5k.
Bitcoin (BTC) is a digital currency created in 2009 by an unknown person using the alias Satoshi Nakamoto. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer Bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a publicly distributed ledger called a blockchain
Bitcoin prices are down 33 percent from H2 highs and appear to be struggling at spot rates. The immediate limit remains at $18.5k.
Core Scientific, a mining company specializing in bitcoins, has filed for Chapter 11 bankruptcy protection, according to an official announcement.
Throughout this year, the cryptocurrency market has been going through a difficult time. Not only did cryptos lose their value, but they also failed to recover.
Bitcoin is down roughly five percent from this week’s high, recoiling from a critical resistance level at $18.5k.

Since earlier this year, the FED has been actively pumping up interest rates in an effort to control global inflation. At the same time, it is
Bitcoin (BTC) is in a super rally hitting its highest level in a month due to significant cooling in US inflation data. After the release of
In spite of her concern for Bitcoin in retirement plans, Senator Cynthia Lummis still considers the technology to be very safe.
The crypto market started the week with a steep descent as investors and market participants exercise caution before the release of November consumer price index (CPI)

Since earlier this year, the crypto market has been subject to great trials and tribulations. Many cryptos ended up losing a considerable part of their value
Bitcoin is back to green, adding two percent in the last 24 hours. At spot rates, BTC has support at $16.5k.
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