Bitcoin's price continues to decline slightly in recent sessions, indicating a cautious atmosphere in the cryptocurrency market. BTC is struggling to hold below a critical resistance level, limiting upward momentum.
While the slow decline continues, on-chain indicators suggest deeper accumulation is ongoing. However, it remains unclear whether this accumulation will actually translate into a price recovery.
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Bitcoin's price continues to decline slightly in recent sessions, indicating a cautious atmosphere in the cryptocurrency market. BTC is struggling to hold below a critical resistance level, limiting upward momentum.
While the slow decline continues, on-chain indicators suggest deeper accumulation is ongoing. However, it remains unclear whether this accumulation will actually translate into a price recovery.