Bitcoin

Resistance

Coin

<ul class="news-points">
 <li>Bitcoin dips 0.02%, failing to breach $69,336 resistance, sparking potential lower-level tests.</li>
 <li>BTC trading volume surges 23% to $18.6B, signaling trader accumulation amid resistance struggles.</li>
 <li>RSI at 57.93 hints at neutral momentum, while MACD signals a bullish trend despite waning momentum.</li>
</ul>
In the last 24 hours, Bitcoin’s (BTC) price has been in a bearish phase after failing to breach the $69,336 resistance. Despite a robust weekly close, the cryptocurrency was unable to sustain a rally beyond the $69,000 resistance, marking another unsuccessful attempt to flip this resistance to support, prompting discussions about potential lower-level tests.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/Jvq2qv96fnTK8Qz8Xg5jtZEuuAv2hyJZmgVhRLv3-HSHskJ9tnVeO9UiHSJVo2tzXPk8WP1_WxaZTjavzxLO3gx25ctmVJMYwU0_8H3NtFbDCxlDp6SGuwYhMMIzzPTC4Z3sP32Axjs7QF9yiv2mGRY" alt="">
</figure>
BTC/USD 24-hour price chart (source: <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap</a>)
As of press time, BTC was trading at $68,499, a 0.02% dip from its intra-day high. During the dip, BTC’s market capitalization decreased by 0.82% to $1,349,522,566,505. Conversely, the 24-hour trading volume surged by 23% to $18,603,572,455, suggesting that traders are continuing to accumulate.
<h2 class="wp-block-heading" id="h-bitcoin-btc-price-trend">Bitcoin (BTC) Price Trend</h2>
Throughout the previous week, <a href="https://coinedition.com/rich-dad-poor-dad-author-warns-of-bond-risks-favors-bitcoin-after-etf-approval/" rel="noopener noreferrer nofollow">Bitcoin </a>prices oscillated near the $69,000 resistance level. Despite a brief surge above $69,500, the p…
The post <a href="https://coinedition.com/bitcoin-btc-price-dips-after-69k-resistance-breach-attempt-fails/" rel="noopener noreferrer nofollow">Bitcoin (BTC) Price Dips After $69K Resistance Breach Attempt Fails</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Bitcoin (BTC) Price Dips After $69K Resistance Breach Attempt Fails

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