Bitcoin price is still meeting strong sell pressure near a key trendline, indicating the possibility of further downside for BTC and altcoins in the coming days. However, the bears could not take advantage of the weakness and sink the price to the 50-day simple moving average ($50,752). This suggests a lack of sellers at lower levels.
Market capitalization: $1.71T (-2.66%)
The BTC dominance: 57.71% (+0.15%)
Fear & Greed Index: 60 (Greed)
Aggregated Volume — $93.91B
Aggregated Open Interest — $16.91B