Bitcoin Technical Analysis: BTC Struggles Amid Bearish Pressure, Key Support Levels

The price of Bitcoin on August 12, 2024 is $59,777, with 24-hour intraday prices ranging from $57,814 to $61,054. The cryptocurrency’s market cap is $1.16 trillion, supported by a 24-hour trading volume of $29.81 billion. As bitcoin navigates this challenging environment, technical indicators reveal continued bearish momentum, testing the resolve of bullish investors. Bitcoin The 1 hour (…)