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 […]
Source: https://news.bitcoin.com/bitcoin-technical-analysis-persistent-bearish-trends-hinder-btcs-recovery/
Bitcoin Technical Analysis: Persistent Bearish Trends Hinder BTC’s Recovery
