Bitcoin Faces Critical Resistance as Traders Await Key U.S. Economic Data

Bitcoin is approaching one of its most important resistance levels of 2026 as investors prepare for a major macroeconomic week. After recovering strongly from its April lows, the leading cryptocurrency is now struggling to maintain momentum below the crucial 200-day moving average near $81,000. Market analysts view this rejection as a significant technical signal that could determine Bitcoins next major move. Recently, Bitcoin failed to sustain a breakout above local highs and lost its short-term ascending support trendline. Following this pullback, BTC returned to the important support area…  Read more

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