A slowdown in Bitcoin’s bullish momentum is expected in the coming days. Bitcoin is retesting a critical area on its price chart and recently, it confirmed a breakout, which provided some short-term bullish momentum.
According to analyst Josh of Crypto World, Bitcoin remains within a larger bearish trend. However, there has been a short-term bounce, suggesting some temporary upward movement despite the overall downward trend.
This analysis highlights the complexities and variabilities in Bitcoin’s price movements, emphasizing the need for caution and attention to key levels.
