April 20 BTCUSD BingX Chart Analysis and Today's Headline

Bitcoin has experienced a 5.23% decline within the last 24 hours, with an intraday low of 28,520.00. This marks its lowest point since April 10, when the price was last below 29,000. Despite surpassing multiple resistance levels, Bitcoin's price surge in recent months seems to be losing momentum. The cryptocurrency is struggling to claim the crucial resistance zone of $30K. If the bull manages to overcome the resistance zone between 30,000 and 31,000, the price may rise to 32,500. However, if the price falls below 28,000, the pair could drop to 26,500.

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