Bitcoin Technical Analysis: Path to $58K Blocked by Heavy Resistance at $56,000

On September 9, 2024, bitcoin is trading for $55,321, rebounding from caller lows but facing beardown absorption astir the $56,000 mark. Oscillators and moving averages contiguous a mixed picture, with signals divided betwixt merchantability and bargain actions. Bitcoin Bitcoin’s terms saw a short-term recovery, rising from a debased of $53,636 connected September 8 to $55,614. […]