Cryptoknowmics
2022-11-08 10:01:43

BTC Technical Analysis: Bitcoin Bulls Fails to Hold $21K

The technical indicators display strong selling pressure among the BTC investors as the token fails to hold a bull cycle. Would BTC be able to hold the bearish trend? After trading above $21,000 for two consecutive days on November 4 and 5 last week, Bitcoin (BTC) declined below the psychologically important level of $20,000 on Tuesday, losing most of the value it gained last week. BTC’s 24-hour high is $20,908.74 and its low is $19,564. Currently trading at about $19,775.30, BTC declined over 5.63% in the last 24 hours losing around $1344.74 in the last 24 hours and $1,119.32 today The post BTC Technical Analysis: Bitcoin Bulls Fails to Hold $21K appeared first on Cryptoknowmics-Crypto News and Media Platform.

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