Bitcoin Price Analysis: BTC Targets $58K Amid Death Cross Formation
Bitcoin's price is facing downward pressure, according to recent analysis. Bitcoin (BTC) has failed to break out of its established macro trading range. New price targets suggest a potential return to levels below $60,000. The development comes as BTC forms a new death cross, a bearish technical pattern. The analysis highlights continued volatility in the Bitcoin market as it struggles to maintain upward momentum.
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