Bitcoin Struggles As More Bearish Signs Appear; Can Bulls Defend $15,500?

 BTC’s price lost its all-time high as price struggled to break above $17,000. 
 BTC’s price continues to look bearish with the market’s current state, as things look uncertain for most traders and investors. 
BTC’s price looks weak as the price struggles to hold above $16,000, with the possibility of reclaiming the daily 50 Exponential Moving Average (EMA) remaining bleak.The price action displayed by Bitcoin (BTC) has continued to look disheartening