Bitcoin Technical Analysis: BTC Struggles Amid Downward Pressure, Eyes Key Support Levels

The Bitcoin price on August 12, 2024 is $59,777, with a 24-hour price range of $57,814 to $61,054. The cryptocurrency has a market cap of $1.16 trillion, with a 24-hour volume of $29.81 billion. As Bitcoin navigates this difficult environment, technical indicators show continued bearish momentum, testing the resolve of bullish investors. Bitcoin 1 hour (…)