Bitcoin Struggles Below Key Resistance Levels Amid Market Concerns
Bitcoin is currently facing challenges as it trades below crucial resistance levels, consolidating around $122,200 after failing to break past $126,200. This situation raises concerns about a potential short-term top and further declines if it dips below $120,500. Traders are closely monitoring these levels, as they could indicate a shift in market sentiment and impact trading strategies moving forward.
Bitcoin Struggles Below Key Resistance Levels Amid Market Concerns
Bitcoin is currently facing challenges as it trades below crucial resistance levels, consolidating around $122,200 after failing to break past $126,200. This situation raises concerns about a potential short-term top and further declines if it dips below $120,500. Traders are closely monitoring these levels, as they could indicate a shift in market sentiment and impact trading strategies moving forward.
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