Bitcoin Chart

Today’s date is August 16th, 2022. Bitcoins current price is $23,723. After having a strong week touching $25,000 Bitcoin buying pressure is starting to subside. There still are many questions within the equity and commodity markets which are causing all retail investors to sit on the sidelines and all institutional capital waiting to see the next move. Nobody can clearly see the FED having control of interest rates and inflation just yet as well which could cause price to go sideways for some time ahead or possibly visit lows again.