Bitcoin Price Analysis (BTC/USD) In the last 24hrs, BTC/USD pair exhibited a bearish outlook. BTC began the sell-off after a short-term period of consolidation that consolidated below $12864. The downtrend was supported by the 21 day MA that was seen gravitating above the 7 day MA that indicated a bearish sign. In addition, the descending channels also confirmed the bearish momentum. The pair’s price sharply hit an intraday low at $11168.68 before it recovered to the current price at $11448.87. BTC has lost by 11.05% in the last 24hrs that showed growing bearish pressure. This placed the critical support level
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