3 reasons why Bitcoin is on shaky ground after failing to retake $60K

4 May 2021

3 reasons why Bitcoin is on shaky ground after failing to retake $60K

3 reasons why Bitcoin is on shaky ground after failing to retake $60K Bitcoin (BTC) is back testing lower levels after failing to conquer $60,000 resistance — and indicators suggest the downturn is not over.BTC/USD bounced off $55,000 overnight on Monday, hours after hitting local highs of nearly $59,000 in bullish early trading.Crypto Fear & Greed Index. Source: Alternative.meBTC/USD vs. DOGE/USD line chart. Source: Tradingview

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