Bitcoin is once again testing the crucial $80,000 resistance zone, but the latest breakout attempt is showing signs of weakness due to declining trading volume. While Bitcoins recent price structure remains technically positive, analysts are becoming increasingly cautious about the cryptocurrencys ability to sustain upward momentum without stronger market participation. Since recovering from its sharp correction in February, Bitcoin has managed to reclaim several important technical indicators, including the 50-day and 100-day exponential moving averages (EMAs). The leading cryptocurrency has… Read more
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