Bitcoin price is likely to see new lows below $10000

Bitcoin price has seen a rebound back to the fourth quarter of ten thousand dollars ($10,000) region falling short of the eleven thousand dollars mark ($11,000). This occurred right after dipping low to the nine thousand four hundred dollars ($9,400) just as September began. Bitcoin (BTC) has thus been on the decline in a falling wedge pattern and is thought to repeat history. Bitcoin price analysis: Short-term The falling wedge starts in the short-term chart right after the instance Bitcoin price rose to the near- eleven thousand dollars ($11,000) mark. The relative strength index (RSI) could use some push as