25-07-2024 04:16 via newsbtc.com

Bitcoin Price Falls Again: Is Bearish Momentum Returning?

Bitcoin price started another decline below the $66,500 level. BTC is gaining bearish momentum and might revisit the $63,200 support.Bitcoin started a fresh decline from the $68,500 resistance zone.
The price is trading below $65,500 and the 100 hourly Simple moving average.
There was a break below a key bullish trend line with support at $66,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair might extend losses and trade toward the $63,200 support zone.Bitcoin Price G
Read more »