Bitcoin Technical Analysis: BTC Faces Continued Downward Pressure

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Bitcoin Technical Analysis: BTC Faces Continued Downward PressureAs of August 19, 2024, bitcoin is trading at $58,061, with a 24-hour intraday range between $57,918 and $60,191. The crypto asset saw a trading volume of $20.7 billion and maintains a market capitalization of $1.14 trillion. Multiple timeframes reveal a sustained downtrend, with key resistance levels holding firm and technical indicators signaling weak buying […]

Source: Bitcoin News

#MarketsAndPrices, #BearishTrend, #Bitcoin, #Cryptocurrency, #MarketCapitalization, #MovingAverages, #PriceAction, #ResistanceLevels, #SupportLevels, #TechnicalAnalysis, #TradingVolume

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