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Analysts warn that possible downside wick could push BTC price as low as $44K -Breaking

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© Reuters

Many crypto traders have hoped that the rally at year’s end will be possible in 2022.BTCDec. 28, 2018, the ) bears won the upper hand and drove the BTC price below $48,000 support.

From Cointelegraph Markets Pro TradingViewIt was shown that a wave of early morning selling broke through BTC Support at $50,000, and that a second wave occurred in the afternoon. The first wave dropped top cryptocurrency to $47.318 daily before bulls were able to stop the flow.

BTC/USDT 4-hour chart. TradingView
BTC/USDT 4-hour chart. Source: Twitter (NYSE :
1-week chart. Source: Twitter
BTC/USD 1-day chart. Source: Twitter