Bitcoin Price Trims Gains: Is the Rally Losing Steam?

Bitcoin price started a downside correction from the $62,700 resistance zone. BTC is now consolidating near $58,500 and struggling to recover. Bitcoin started a decent downward move below the $61,500 and $60,000 levels. The price is trading below $60,000 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with support at $61,000 on the hourly chart of the... source: https://www.newsbtc.com/analysis/btc/bitcoin-price-trims-gains-58k/