Bitcoin price charts hint at another drop after failing to break $52K

Bitcoin price charts hint at another drop after failing to break $52K

Bitcoin has failed to break above $52,000, which suggests more downside is possible in the short term. Bitcoin (BTC) has halted its bull run in the past few weeks as the price has corrected from an all-time high of $58,000 to around $43,000. Several arguments were found for the pullback, including a sell-off from miners and whales. The other primary reason for the correction is the sudden surge of yields across the world.Downtrend remains intact since $58,000BTC/USD 2-hour chart. Source: TradingViewThe 2-hour chart for Bitcoin shows a clear downtrend since the peak high in February at....


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