As of Sept. 16, 2024, bitcoin traded at $58,578, remaining within a 24-hour range of $58,231 to $60,366. Despite high liquidity and a daily trade volume of $26.95 billion, bitcoin is struggling to break key resistance levels. The leading cryptocurrency's market cap stands at $1.15 trillion.
Technical indicators reveal mixed momentum, presenting both bullish and bearish trends. These mixed signals contribute to bitcoin's inability to surpass the $60K mark, although a short-term rebound remains possible.
