1 hour ago

Bitcoin Drops to New Cycle Low After Failed Rebound Near $67K

TLDR Bitcoin dropped to a new cycle low near $58,075 after a failed recovery attempt. Price briefly rallied to $67,248 before sellers regained control. Bitcoin currently trades around $60,300 but remains down across key timeframes. The breakdown pattern confirmed bearish continuation after support turned resistance. RSI shows hidden bearish divergence, signaling further downside pressure. Bitcoin [...]

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Source: Blockonomi →