Bitcoin trades near $59K support with mixed signals; will it break $67K for a rally or drop below $60K?
Bitcoin faced a critical support test at $59K, with potential for a significant move in either direction.
Bitcoin’s market capitalization stood at approximately $1.17 trillion, with a 24-hour trading volume of $34.49 billion.noted The wide bands indicate increased volatility, and the price nearing the lower band suggests potential support.The Moving Average Convergence Divergence histogram was showing signs of weakening bullish momentum.
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