May 16, 2024

Rise To Thrive

Investing guide, latest news & videos!

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

1 min read
Bitcoin Technical Analysis: Persistent Bearish Trends Hinder BTC’s Recovery
Bitcoin Technical Analysis: Persistent Bearish Trends Hinder BTC’s RecoveryAs 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 […]