Bitcoin price could ‘probe lower’ as volumes dip and macroeconomic issues loom overhead

Bitcoin price could ‘probe lower’ as volumes dip and macroeconomic issues loom overhead

Bitcoin’s sell-off appears to be taking a pause even though the United States rolled out new sanctions against Russia on Feb 22.

Data from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin (BTC) continues to hover slightly below $38,000, which some analysts have identified as a significant support and resistance zone.

BTC/USDT 1-day chart. Source: TradingView

Here’s a closer look at what analysts are saying about Bitcoin price and what levels to keep an eye on in the…


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