BTC Faces Some Important Tests in the Coming Weeks – Market Updates Bitcoin News

BTC Faces Some Important Tests in the Coming Weeks – Market Updates Bitcoin News

Exactly one month ago today, bitcoin was trading below $20,000 per unit as crypto markets continued to react to growing levels of inflation and central bank policy. However, a month later, the world’s leading crypto token has moved above $23,000, despite consumer prices rising to multi-decade highs. So with this in mind, where could bitcoin potentially be heading in the next few weeks?

Current Market Status

July saw bitcoin (BTC) mostly consolidate between a floor of $18,900, and a…


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