3 reasons why Bitcoin is on shaky ground after failing to retake $60K
Altcoins are outsmarting Bitcoin bulls and on-chain indicators aren't as green as they have been — are further support tests inbound? Bitcoin (BTC) is back testing lower levels after failing to conquer $60,000 resistance — and indicators suggest the downturn is not over.BTC/USD bounced off $55,000 overnight on Monday, hours after hitting local highs of nearly $59,000 in bullish early trading.With sellers still in place closer to all-time highs of $64,500, the largest cryptocurrency has a lot of work to do to exit its current broad trading range. BTC moves back to exchangesOne metric which....
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