Bitcoin Faces Renewed Bearish Pressure as Price Falls Below Critical Support Levels

Bitcoin (BTC), the largest cryptocurrency by market capitalization, is under increased selling pressure as it dips below its 1-day Simple Moving Average (SMA). This movement, closely observed by market participants, could signify an extended bearish period for BTC. The breach of the 1-day SMA highlights prevailing negative sentiment and volatility, raising concerns among traders and

Source: CoinOtag