Bitcoin Price Struggles Below $62,400 Resistance Amid Consolidation

Bitcoin’s price is currently consolidating above the critical $60,550 support level. BTC may avoid further declines if it successfully recovers above the significant $62,400 resistance mark. Despite notable hurdles, Bitcoin is still being traded above $61,500 and the 100-hourly Simple Moving Average. Bitcoin’s price is hovering near key support and resistance levels. Critical movements could

Source: CoinOtag