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Bitcoin Technical Analysis: Bulls Held Back by Selling Pressure and Key Resistance

Bitcoin’s price on July 12, 2024, exhibits a clear bearish trend across multiple timeframes. The leading cryptocurrency’s current price stands at $57,237, with a notable intraday range from $56,608 to $59,516. Bitcoin On...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin Technical Analysis: Bulls Held Back by Selling Pressure and Key Resistance
Bitcoin’s price on July 12, 2024, exhibits a clear bearish trend across multiple timeframes. The leading cryptocurrency’s current price stands at $57,237, with a notable intraday range from $56,608 to $59,516. Bitcoin On the 1-hour chart, bitcoin shows a decline from a high of $59,516, forming lower highs and lower lows, indicative of a bearish […]

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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