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


$ 104,429.0
€ 91,474.1
¥ 38,800.0
£ 77,209.0
BTC
-0.66 %
$ 2,550.52
€ 2,233.77
¥ 947.45
£ 1,885.83
ETH
0.39 %
$ 366.77
€ 320.96
¥ 136.25
£ 271.04
XMR
8.65 %
$ 88.17
€ 77.21
¥ 32.75
£ 65.20
LTC
0.03 %

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 […]

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