Bitcoin is experiencing heightened selling pressure, unable to sustain itself above the pivotal $107,250 threshold. Once a reliable support, this level has now flipped to act as a daunting resistance barrier, marking a notable technical downtrend in the digital currency market.
Continue Reading:Bitcoin’s Tenuous Grip on Key Levels Sparks Concern
Source: https://en.bitcoinhaber.net/bitcoins-tenuous-grip-on-key-levels-sparks-concern