As of May 22, 2024, bitcoin is trading at $69,952, navigating a recent intraday range of $69,211 to $71,422. Despite a tumultuous period, bitcoin has shown resilience with an 11.9% increase over the past week and a 5.9% rise over the past month. Bitcoin Bitcoin’s 1-hour chart reveals a significant decline from a peak of […]
Source: https://news.bitcoin.com/bitcoin-technical-analysis-btc-encounters-strong-resistance-enters-consolidation-mode/
Bitcoin Technical Analysis: BTC Encounters Strong Resistance, Enters Consolidation Mode
