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Bitcoin Technical Analysis: BTC Faces Continued Downward Pressure

August 19, 2024
in Crypto/Coins
Reading Time: 1 min read
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Bitcoin Technical Analysis: BTC Faces Continued Downward PressureAs of August 19, 2024, bitcoin is buying and selling at $58,061, with a 24-hour intraday vary between $57,918 and $60,191. The crypto asset noticed a buying and selling quantity of $20.7 billion and maintains a market capitalization of $1.14 trillion. A number of timeframes reveal a sustained downtrend, with key resistance ranges holding agency and technical indicators signaling weak shopping for […]

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Tags: Analysisbearish trendBitcoinbtcContinuedCryptocurrencyDownwardFacesMarket CapitalizationMoving AveragesPressurePrice actionresistance levelssupport levelsTechnicalTechnical Analysistrading volume
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