Bitcoin Price Breaks Down – Support Fails As Traders Question If Bulls Return

Bitcoin price extended losses after it traded below $112,500. BTC is now consolidating losses and might decline again to test the $108,500 support zone. Bitcoin started a fresh decline below the $112,500 zone. The price is trading below $111,500 and the 100 hourly Simple moving average source: https://www.newsbtc.com/analysis/btc/bitcoin-price-breaks-down-110k/