{"id":499179,"date":"2022-08-18T16:56:45","date_gmt":"2022-08-18T16:56:45","guid":{"rendered":"https:\/\/uniquehot.com\/?p=499179"},"modified":"2024-06-11T14:22:44","modified_gmt":"2024-06-11T14:22:44","slug":"bitcoin-bull-rally-fades-mining-difficulty-surge-by-0-63","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin-bull-rally-fades-mining-difficulty-surge-by-0-63\/","title":{"rendered":"Bitcoin Bull Rally Fades, Mining Difficulty Surge By 0.63%"},"content":{"rendered":"
As the bear hug gets tighter, the price of Bitcoin may drop below $21,000. Recent price movements saw a high of $25,135 and a low of $23,243. The short-term aim for the declining price trend is a drop to $21,000\u2013$20,000.<\/p>\n
Bitcoin Bulls Loses Steam<\/h2>\n
On August 18, Bitcoin, the leading digital asset, is battling to hold over $23,500 as it tries to maintain an upward trend that has been growing for the past two months.<\/p>\n
The bulls’ dominance is clearly dwindling on the daily bar chart, and they will soon need to show greater tenacity to continue a price climb.<\/p>\n