Bitcoin Price Analysis: BTC Holders Lost $28600 Support; What Next? - BitcoinEthereumNews.com
Bitcoinबिटकॉइन मूल्य विश्लेषण: बीटीसी धारकों ने $ 28600 का समर्थन खो दिया; आगे क्या?06 / 12 / 2022बिटकॉइन एथेरियम समाचार Over the past four weeks, the बिटकॉइन (बीटीसी) price wavered between the $32000 and $28600 mark. However, on June 11th, the sellers settled this consolidation with a $28600 breakdown, suggesting an extension in the overall downtrend. Thus, this support fallout opens the door for another 5.2% fall before it hits the nearest support at $26700. प्रमुख बिंदु: The BTC price fell for the straight-six days, registering a 13.4% loss The Daily-RSI plugged back to bearish territory The intraday trading volume in the Bitcoin is $34.5 Billion, indicating an 18.2% hike The early may sell-off in बीटीसी/यूएसडीटी जोड़ी took a breather near the $28500 mark as traders witnessed a high demand pressure. Furthermore, the coin buyers several attempts to recover from the new support resulted in a narrow range. The growing uncertainty in the crypto market of whether the BTC price has found a bottom carried the consolidation phase for nearly five weeks. However, on June 11th, the coin price breached the aligned support of $28600 and the 0.618 Fibonacci retracement level, indicating the resumption of the prevailing downtrend. Today, the BTC price fell 3.5%, providing an excellent follow-up