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Bitcoin Failing To Hold The $69,000 Support, Analysts Predict Further Declines.

By June 12, 20241 minute read

The price of Bitcoin is $67,463.07. There was a 0.15% decrease in its price in the last 24 hours. The 7-day Bitcoin is down by 4.75%.

Ethereum (ETH) is currently trading at $3,526.42. There has been a decrease of 0.27% in its price in the last 24 hours. The 7-day ETH is down by 7.16%.

Technical indicators show that the hourly MACD is losing momentum in the bearish zone, while the hourly RSI for BTC/USD has fallen below the 50 level. Major support levels are identified at $66,700 and $66,000, providing potential price floors. On the upside, major resistance levels are noted at $68,000 and $68,500, which could act as hurdles for any upward movement.

As of 02:00 PM, June 12, 2024, on WazirX, Bitcoin’s current price is ₹60,00,000. Its price has increased by 0.11% in the last 24 hours and decreased by 5.01% in the past seven days.

Ethereum (ETH) is trading at ₹3,15,029, down by 1.44% in the last 24 hours. The 7-day ETH is down 7.50%.

The top gainers on WazirX include Bob Token (BOB), Venus (XVS), and Pepe (PEPE), with price increases of 14.64%, 11.06%, and 9.79%, respectively.

However, the tokens that underperformed comprised CLeverFI (LEVER), Jito (JTO), and Vulcan Forged PYR (PYR), with a price decrease of 31.28%, 14.63%, and 13.45%, respectively.

Shiba Inu (SHIB) saw a price decrease of 0.74% and is now priced at ₹0.002001. Dogecoin (DOGE) saw an increase of 0.01% and is now priced at ₹12.5175.

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