✉news BusinessCrypto first seen 16 h ago, last 11 h ago, peak #28
Bitcoin hits $85,000 resistance as momentum weakens
Original: Bitcoin price faces $85,000 resistance as oscillator turns negative
Bitcoin is struggling to break above the $85,000 level, with a technical oscillator turning negative and signalling weakening momentum. Traders are watching whether the cryptocurrency can hold above support or faces a pullback, as bearish short-term signals mount even as the broader market keeps BTC near historically high price territory.
Why now: Traders are focused on whether negative momentum signals near a key resistance level point to a coming pullback.
Evidence
- Bitcoin price faces $85,000 resistance as oscillator turns negative · Cryptonews.net
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