Bitcoin (BTC) is deeply oversold on the daily chart, but upside appears limited as long-term momentum deteriorates. Initial support is between $27K-$30K.
Source
Related posts
-
Senator Lummis wants to replenish Bitcoin reserves with gold
Republican Senator Cynthia Lummis says converting gold reserves into Bitcoin could strengthen the U.S. government’s finances.... -
Cipher Mining: Will It Be Another Standout Bitcoin Miner This Cycle?
Dive into Cipher Mining’s Q3 2024 performance. From revenue challenges to strategic investment in fleet upgrades,... -
Bitcoin Funding Rates Surge 20% On Major Exchanges — What’s Happening?
The price of Bitcoin picked up this week from where it left off in the previous...