![Bitcoin Technical Analysis: Bulls Held Back by Selling Pressure and Key Resistance](https://static.news.bitcoin.com/wp-content/uploads/2024/07/builbear-768x432.jpg)
Bitcoin’s price on July 12, 2024, exhibits a clear bearish trend across multiple timeframes. The leading cryptocurrency’s current price stands at $57,237, with a notable intraday range from $56,608 to $59,516. Bitcoin On the 1-hour chart, bitcoin shows a decline from a high of $59,516, forming lower highs and lower lows, indicative of a bearish […]