April 21 BTCUSD BingX Chart Analysis and Today's Headline

In the past 24 hours, Bitcoin has experienced a 2.56% decline and hit an intraday low of 28,010.00. The top cryptocurrency has struggled to recover quickly, and its Relative Strength Index (RSI) is now below the midpoint, indicating a potential loss of its upward momentum. To avoid a shift in market sentiment, the bulls must push the price above the 20-day EMA (28,907). However, if the price falls below 28,000, the pair could potentially drop to 26,500.

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