Chain News Today TheBitTimes.com

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Bitcoin (BTC) and the broader cryptocurrency market are grappling with bearish pressure. Notably, the maiden digital asset is experiencing difficulty sustaining trading levels above $60,000, and some market participants anticipate further downside. In this line, in a TradingView post on May 10, crypto trading expert TradingShot indicated that, according to technical indicators, Bitcoin might encounter additional losses as it contends with rejection at critical levels. The analyst observed that repeated rejection s at the one-day moving average 50 (1D MA50) around the $65,000 position had marred Bitcoin’s recent price action around the $65,000 position. This movement marks the third rejection almost a month since the bearish breakout on April 13.  Picks for you Buy signal for two oversold cryptocurrencies this May 57 mins ago Britain’s gold sell-off in 1999 has cost the U.K. £21 billion 2 hours ago Here's why you should closely watch these 2 crypt...