Bitcoin Faces Pressure – Could The Price Resume Its

📌 Bitcoin Faces Pressure – Could The Price Resume Its Downtrend Soon? – Bitcoin price corrected losses and traded above the $114,200 level. BTC is now struggling and might face hurdles near the $116,000 level. Bitcoin started a recovery wave above the $114,000 resistance level. The price is trading below $115,000 and the 100 hourly Simple moving average

$\\n \\n$BTC #Bitcoin faces renewed pressure as it struggles to maintain momentum above the $116,000 mark. After a brief recovery past the $114,000 resistance, the price is hovering below $115,000, still under the 100-hourly Simple Moving Average. Bitcoin$

$BTC #Bitcoin faces renewed pressure as it struggles to maintain momentum above the $116,000 mark. After a brief recovery past the $114,000 resistance, the price is hovering below $115,000, still under the 100-hourly Simple Moving Average. With market conditions remaining uncertain, #BTC could encounter significant hurdles, potentially leading to a resumption of its downtrend. Investors are keenly watching to see if the cryptocurrency can break past these barriers or if a further decline is imminent. Stay tuned for the latest developments. #CryptoMarket