May 22, 2024

Rise To Thrive

Investing guide, latest news & videos!

Bitcoin Technical Analysis: Uncertainty Looms as Bearish Patterns Persist

1 min read
Bitcoin Technical Analysis: Uncertainty Looms as Bearish Patterns Persist
Bitcoin Technical Analysis: Uncertainty Looms as Bearish Patterns PersistBitcoin’s technical analysis reveals a protracted bearish trend, reflecting significant selling pressure and resistance to upward movement. With today’s price standing between $57,505 and $58,059 at 8 a.m. ET, oscillators and moving averages predominantly suggest a continuation of this decline. Bitcoin On the BTC/USD daily chart, the trajectory of lower highs and lower lows underscores […]