Bitcoin Shows Bearish Signals Amid Consolidation Phase
- Bitcoin is trading at $102,980.
- Market capitalization stands at $2.04 trillion.
- The 24-hour trade volume is $23.32 billion.
- Intraday price range is between $102,801 and $104,263.
- A short-term downtrend is observed on the 1-hour chart.
Bitcoin’s current trading price of $102,980 reflects a market consolidation phase with a significant market cap of $2.04 trillion. Despite recent upward trends, short-term charts indicate bearish signals.
Source (2.6)https://news.bitcoin.com/bitcoin-price-watch-bearish-signals-emerge-despite-bullish-trendline/?rand=52384
