BPI For Bitcoin Gains Momentum, But The BTC Price Fails To Take
Bitcoin has a market cap of $1.3 trillion and is currently 1st in the cryptoverse. Bitcoin’s 93.87% of the total BTC supply is currently circulating in the market. BTC is currently trading near the value of $66238 with a loss of 0.89% in the past 24 hours and 4.54% loss in the past seven days.
BTC is currently forming weak bearish candles on the daily chart. It is trading below the 50 and 100 EMA. The upside trend of BTC price can see a halt near the value of 70k while the support for the price can be seen near 65k.
The RSI of BTC is currently near 43 suggesting its presence in the neutral zone. The overall sentiment of the RSI is bearish in nature.
BTC is currently forming weak bearish candles on the daily chart. It is trading below the 50 and 100 EMA. The upside trend of BTC price can see a halt near the value of 70k while the support for the price can be seen near 65k.
The RSI of BTC is currently near 43 suggesting its presence in the neutral zone. The overall sentiment of the RSI is bearish in nature.
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