#Bitcoin Still Trading Under Major Resistance
As mentioned earlier, $BTC is still struggling below an important resistance zone and the bulls have not shown enough strength to take back full control of the market.
The recent rejection near the $62,000 area once again confirms that sellers are defending higher prices aggressively. Despite several recovery attempts, BTC continues to form lower highs on the short-term chart.
Current price action around the $59,700 region shows uncertainty, with ...