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Bitcoin (BTC) price is trading above the key moving averages, showcasing bullishness.
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BTC price is trading in an upward channel by making higher high structures.
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This week, the crypto price corrected by 0.50%, suggesting that the bears are trying to pull the price down.
Bitcoin price remains above the $51,500 support, but the gloomy outlook keeps getting worse. If the price falls below this support level, it may drop by around 5% in the coming sessions. However, the price still has important dynamic support levels.
BTC is finding it hard to stay over the $51K level as the bears push the price lower. However, after this small correction, the bull trend will resume as the buyers are stronger than the sellers.
At the time of writing, the BTC is trading at the level of $51627.86 with an intraday surge of 1.12%. However, the trading volume is down by almost 15.50%, showcasing weakness.
Additionally, the 24-hour trading volum
We współpracy z: https://www.thecoinrepublic.com/2024/02/25/bitcoin-price-forecast-will-btc-break-below-50k-mark/
