Bitcoin (BTC) Struggles to Maintain its Price Above $26K Mark

Bitcoin (BTC) Struggles to Maintain its Price Above $26K Mark

Bitcoin experienced a slight recovery of 0.21% in the last 24 hours.
If BTC fails to break the nearest resistance of $26,300 it will drop below $25K.
Bitcoin (BTC), the world’s largest cryptocurrency, has shown strong bearish momentum over the past few weeks. Moreover, BTC is struggling to maintain its position around the $26,000 mark. While investors are expecting BTC to surge, it dropped below $26K. On the other hand, Bitcoin has experienced the highest address activity in the past 30 days.
The crypto market analyzer Santiment reported the top ten assets by highest address activity recently. According to the report, BTC has the highest number of active wallet activity, with 963.64K active wallets. However, Bitcoin’s recent price performance has sent shockwaves throughout the crypto market.
Bitcoin (BTC) Price Continues the Bearish Momentum
Bitcoin’s trading price has surpassed $26K again, with a slight recovery in the last 24 hours. At the time of writing, BTC is trading at $26

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