3 reasons why the Bitcoin price bottom is not in
Cointelegraph
Published Aug 20, 2022 01:48PM ET
Updated Aug 20, 2022 08:00PM ET
Bitcoin (BTC) recovered modestly on Aug. 20 but remained on course to log its worst weekly performance in the last two months.
On the daily chart, BTC's price climbed 2.58% to $21,372 per token but was still down by nearly 14.5% week-to-date, its worst weekly returns since mid August. Nonetheless, some on-chain indicators suggest that Bitcoin's correction phase could be coming to an end.
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Written By: Cointelegraph
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