Bitcoin price recently experienced a significant decline after failing to test the $50,000 resistance zone. The digital currency reached its peak near the $49,000 level and began a downward trend. This decline resulted in a break of several crucial support levels, including $45,000, pushing Bitcoin into a short-term bearish zone. The Current Situation Currently, Bitcoin
Analysis
Bitcoin, the world’s largest cryptocurrency, has witnessed another surge in its price, breaking through several key resistance levels. However, despite the bullish momentum, it faces crucial challenges that could determine its future trajectory. This article analyzes the recent price movements and explores the potential outcomes for Bitcoin in the near term. Bitcoin started its latest