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Jun 18, 2022 2:30 PM

Bitcoin (BTC/USD) Daily Chart Analysis For June 17, 2022 

Bitcoin / U.S. dollarBitstamp

Description

Technical Analysis and Outlook:
This week was marked by sharp declines and panic in the Bitcoin market. Bitcoin's trending price action hit our Outer Coin Dip at $18,665. With this primary path completed, upon verification (In progress), expect the rebound to Mean Res $22,670; however, if all fails, the coin will take us to the #2 Outer Coin Dip $15,500 mark.
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