Bitcoin Price Remains at Risk Despite Recent Moves, Indicators Turn Bearish
Bitcoin price extended its losses and traded below the $64,500 level. BTC is correcting losses, but the bears are still in control and aim for more losses.
Amid the recent market shakeouts, Bitcoin (BTC) has shown strength, remaining near the crucial $100,000 barrier during its drops. While the flagship cryptocurrency is momentarily expected to continue its horizontal trajectory, some analysts forecast that BTC’s next leg up might start once it reclaims the recently lost key level.
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