Bitcoin Risks 30% Drop as Multi-Month Resistance Caps BTC Price Again

May 11, 2026 - 10:30
Bitcoin Risks 30% Drop as Multi-Month Resistance Caps BTC Price Again
Bitcoin (BTC) has climbed roughly 40% from its February lows, bringing the price back to a critical resistance zone that could determine whether the bear market continues or finally ends. Key takeaways: Bitcoin fell 2.25% to around $80,500 after failing once again to break above its 200-day EMA resistance. Previous rejections from the same technical...

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