Bitcoin remains under heavy selling pressure despite repeated attempts to stabilize above the crucial $60,000 level. The leading cryptocurrency has struggled to regain bullish momentum after breaking below an ascending trendline that supported its recovery rally between April and May. That breakdown effectively ended Bitcoins medium-term bullish structure and reinforced a broader bearish trend, leaving traders closely watching critical support and resistance levels. Technical indicators continue to favor sellers. Bitcoin is currently trading well below its 50-day, 100-day, and 200-day moving… Read more
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