Bitcoin price remains below $63,000, distancing itself further from $73,777 all-time high. BTC whales cling firmly to their holdings despite a month of market dips. Halving is out four days, expected on April 20, causing increased anticipation and speculation in the market. Bitcoin price still has traders and investors at the edge of their seats as it slides further away from its all-time high of $73,777.
Technical analysts: Bitcoinprice outlook amid growing FUD Bitcoin price downside momentum continues to grow after breaking below the ascending trendline. The nose-diving Relative Strength Index shows momentum is falling, accentuated by the position of the Awesome Oscillator in negative territory. The DXY indicator is also climbing, putting downward pressure on Bitcoin price as investors move their funds into traditional safe-haven assets like the US Dollar.
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