Friday, June 21, 2024

Bitcoin Technical Analysis: BTC Faces Continued Downtrend Amidst High Selling Pressure

Bitcoin Technical Analysis: BTC Faces Continued Downtrend Amidst High Selling PressureBitcoin’s price continues its downward trajectory, coasting along at $63,950 per unit on June 21, 2024. Despite showing potential entry points, the market is experiencing significant selling pressure across all time frames. Technical indicators suggest a cautious approach for traders as bearish trends dominate the charts. Bitcoin In the short term, the 1-hour chart indicates […]

via Jamie Redman

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