Bitcoin Bullish Trend In Jeopardy As BTC Price Stumbles Near $85,211

Quick Summary:

Bitcoin’s recent price movement near the $85,211 level has revealed several technical red flags, suggesting potential weakness in its bullish momentum.

Despite multiple attempts to break through this critical resistance, BTC has struggled to maintain upward traction, signaling a possible shift in market sentiment.

Several key technical indicators are flashing signs of weakness, suggesting a decline in bullish momentum.

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Article Details

Author / Journalist: Godspower Owie

Category: Crypto

Markets: Hungary

Topics: Bitcoin Btc price BTCUSDT Bitcoin News BTC news SMA Relative strength index RSI Bitcoin price Bitcoin news Btcusd Simple Moving Average Moving Average Convergence Divergence Btc MACD

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-16 @ 04:30:40 (23 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 407 words

Reading Time: 3 minutes read

Sentences: 37 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 27039826

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 11 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 11 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

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