How will Bitcoin perform in the final weeks of 2022?
2022 has been quite turbulent for the crypto market. With bankruptcies, bear markets, and fraudulent projects taking over, the overall morale has been low. With just two more weeks left before the year ends, the community hopes to witness a Christmas miracle. However, recent reports dismissed these expectancies. According to the founder of Fairlead Strategies LLC, Katie Stockton, Bitcoin could visit its November lows sooner than expected. She added, “We expect a retest of the November lows, near $15,600, in the coming weeks after a failed test of levels in the $17,000 to $18,000 range. We ultimately expect Bitcoin to make a lower low, increasing risk to long-term support near $13,900.” This narrative was put forth by JP Morgan a couple of weeks ago. The banking giant noted that BTC entailed the capability of dropping down to $13K. At press time, Bitcoin was seen trading for $16,825.14 with a dainty surge of 0.37 percent over the last 24 hours. The asset plummeted from a ...