Bitcoin Technical Analysis: Persistent Bearish Trends Hinder BTC’s Recovery

Bitcoin Technical Analysis: Persistent Bearish Trends Hinder BTC’s Recovery


As of April 29, 2024, bitcoin remains under considerable bearish pressure according to multiple indicators across different time frames. Currently trading at $62,279, bitcoin has shown a 24-hour range between $61,994 and $63,929. Bitcoin Bitcoin’s (BTC) daily chart presents a stark bearish trend with a series of lower highs and lower lows, suggesting that sellers […]

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