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This bearish technical pattern hints at a double digit drop in Bitcoin price

May 25, 2023 by DIGIT
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Inflation concerns and the U.S. debt standoff cast a long shadow over Bitcoin’s dwindling bullish prospects.

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Categories ESRB, Fed, gdp, Inflation, longs, Markets, PCE, Shorts, Stablecoins
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Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$89,535.00-2.65%
  • ethereumEthereum(ETH)$3,037.54-2.63%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-2.91%
  • binancecoinBNB(BNB)$882.17-1.81%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$132.47-5.18%
  • tronTRON(TRX)$0.2864131.00%
  • staked-etherLido Staked Ether(STETH)$3,038.15-2.68%
  • dogecoinDogecoin(DOGE)$0.138803-6.21%
© 2025 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$89,535.00-2.65%
  • ethereumEthereum(ETH)$3,037.54-2.63%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-2.91%
  • binancecoinBNB(BNB)$882.17-1.81%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$132.47-5.18%
  • tronTRON(TRX)$0.2864131.00%
  • staked-etherLido Staked Ether(STETH)$3,038.15-2.68%
  • dogecoinDogecoin(DOGE)$0.138803-6.21%