Bitcoin to $16,000? Following the hawkish comments from the US Federal Reserve, Bitcoin takes a small hit with price targets suggesting an even steeper decline.
$19,400 a potential bounce zone under such a correction, with relief running to the weekly open near $23,000 before June's $17,600 reentered the picture.
"Moving higher resistance at $21,100. Support at $19850 followed by $19,200," trading suite DecentraderAs stocks tumbled, meanwhile, the familiar face of the U.S. dollar came back to haunt crypto markets.The U.S. dollar index , initially seeing heavy downside, rebounded to levels which again put it within striking range of twenty-year highs.
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