How Will the Past Weekend Fluctuations Impact the Bitcoin (BTC) Price in the Coming Week?

How Will the Past Weekend Fluctuations Impact the Bitcoin (BTC) Price in the Coming Week?

The post How Will the Past Weekend Fluctuations Impact the Bitcoin (BTC) Price in the Coming Week? appeared first on Coinpedia Fintech News
Over the weekend, the Bitcoin price experienced significant price variations in both positive and negative ways. Although the price raised above $30,500 recently, it remained only briefly as it underwent an acute plunge. The downward trend was robust that completely engulfed the previous bullish candle. Therefore, considering the present trade set-up, it appears to be extremely difficult for the token to regain the yearly highs at $31,800, which is extremely important for further growth. 
Besides, the upward line or the ascending trend line has been breached in the short time frame which indicates the potential of the token to reverse the trend soon. Currently, the BTC price is trading within a range channel, while bearish flags continue to flutter over the token with the lower targets being around $28,155. Now that the price is dropping slowly fr

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