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Bitcoin Technical Analysis: Bulls Held Back by Selling Pressure and Key Resistance

Bitcoin Technical Analysis: Bulls Held Back by Selling Pressure and Key Resistance



Bitcoin’s price on July 12, 2024, exhibits a clear bearish trend across multiple timeframes. The leading cryptocurrency’s current price stands at $57,237, with a notable intraday range from $56,608 to $59,516. Bitcoin On the 1-hour chart, bitcoin shows a decline from a high of $59,516, forming lower highs and lower lows, indicative of a bearish […]



Source: https://news.bitcoin.com/bitcoin-technical-analysis-bulls-held-back-by-selling-pressure-and-key-resistance/

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