Bitcoin Price Takes Hit, Why BTC Remains at Risk of More Losses

Bitcoin price started a decline from the $24,250 resistance zone. BTC declined below $23,000 and remains at a risk of more losses.

Bitcoin Price Takes Hit, Why BTC Remains at Risk of More Losses.jpg

The price is now trading below $23,500 and the 100 hourly simple moving on an average.

There was a break below a big bullish trend line with support approx $23,320 on the hourly chart of the BTC/USD pair

The live Bitcoin price today is $22,963.54 USD with a 24-hour trading volume of $25,164,095,885 USD. current CoinMarketCap ranking is #1, with a live market cap of $439,002,523,681 USD. It has a circulating supply of 19,117,375 BTC coins and a max. supply of 21,000,000 BTC coins.

Read full news at : https://cryptounity.news/bitcoin-price-takes-hit-why-btc-remains-at-risk-of-more-losses

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