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Bitcoin Technical Analysis: Uncertainty Looms as Bearish Patterns Persist

Bitcoin Technical Analysis: Uncertainty Looms as Bearish Patterns Persist



Bitcoin’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 […]



Source: https://news.bitcoin.com/bitcoin-technical-analysis-uncertainty-looms-as-bearish-patterns-persist/

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