The post Bitcoin Drops to $58.5k: Can Bulls Rebound to $63.8k Amid Fed Rate Speculation? appeared first on Coinpedia Fintech News In the daily chart, the Bitcoin price shows a V-shaped recovery, which takes a pullback for the retest phase. The recovery run in Bitcoin price took a bearish exit over the weekend, with a 0.88% drop on Saturday as it faced resistance near $60,500. Further, the bearish turnaround results in a third consecutive bearish candle …
