Bitcoin (BTC) has been experiencing a volatile price action since late April, with significant fluctuations in its value. At the time of writing, the cryptocurrency has experienced a 3% decline in the last 24 hours and is currently trading at $28,400. However, it has now settled within an accumulation range of $27,800 to $30,000. Bitcoin Bulls Take Caution BaroVirtual from Cryptoquant recently shared his analysis regarding the potential downside targets for Bitcoin. According to the analyst, the bearish divergence of the BTC: On-Chain Summation Index suggests a target of approximately $27.200. A Head and Shoulders (H&S) pattern also indicates a
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Author: coinmaker