Why is Bitcoin stuck at $58K?

Why is Bitcoin stuck at $58K?   cryptopolitan.com 16 August 2024 04:19, UTC Bitcoin’s price has been fluctuating between $57,815 and $61,815 for nearly seven days, with the 50-day simple moving average (SMA) at $61,662 providing persistent resistance. At the time of this writing, Bitcoin (BTC) ‘s price is $58,106.44, down 0.2% from an hour…

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