Dip-buyers anticipate further downside after Bitcoin price falls to $38K

Dip-buyers anticipate further downside after Bitcoin price falls to $38K

Sellers pressed Bitcoin price back below $40,000, while analysts believe BTC will remain rangebound until the $42,000 level is breached. The cryptocurrency market is in the midst of another lackluster day as Bitcoin (BTC) price dipped below $40,000 ahead of the Federal Open Market Committee (FOMC) meeting where officials intend to discuss whether interest rates should be raised or kept near zero. While many investors anticipate that BTC will soon resume its bull run and rally above $40,000, technical analysts are sounding the alarm about a looming death-cross that could send Bitcoin price....


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