Bitcoin Under Threat: $60,000 Consolidation Signals Bearish Break Towards $40,000 Amid Macro Woes
Bitcoin (BTC) navigates a precarious trading range between $59,000 and $60,000, maintaining this narrow band for the fifth consecutive day. While consolidation phases are typical in financial markets, the current scenario raises alarms among analysts. This stability, rather than indicating strength, suggests a dangerous vulnerability, particularly given its position relative to critical support levels and … Read more
