---
title: "BTC reclaims $100K but weekly chart forming ‘bearish engulfing’ candlestick"
url: https://diffcoin.com/btc-reclaims-100k-but-weekly-chart-forming-bearish-engulfing-candlestick/
description: "Bitcoin briefly dipped below $100,000 after hawkish comments from the US Federal Reserve, with an analyst suggesting its price is forming a bearish…"
published: 2024-12-19
updated: 2024-12-19
author: "Mila"
site: "Diffcoin"
---

# BTC reclaims $100K but weekly chart forming ‘bearish engulfing’ candlestick

Bitcoin briefly dipped below $100,000 after hawkish comments from the US Federal Reserve, with an analyst suggesting its price is forming a bearish pattern on the week.

[Source link](https://cointelegraph.com/news/bitcoin-reclaims-100k-weekly-chart-bearish-view-crypto-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)