Bitcoin (BTC) Price Analysis for May 12
– Bitcoin has fallen the least today, declining by 8.45% over the last 24 hours.
– On the hourly chart, Bitcoin has broken the local level at $29,283 and is trying to fix above.
– On the daily time frame, Bitcoin has made a false breakout of the level of $27,757.
– On the weekly chart, Bitcoin has also made a false breakout of the old level at $25,831.
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