Bitcoin has experienced a 5.23% decline within the last 24 hours, with an intraday low of 228,520.00. This marks its lowest point since April 10, when the price was last below 229,000. Despite surpassing multiple resistance levels, Bitcoin's price surge in recent months seems to be losing momentum. The cryptocurrency is struggling to claim the crucial resistance zone of 30K. If the bull manages to overcome the resistance zone between 330,000 and 31,000, the price may rise to 332,500. However, if the price falls below 228,000, the pair could drop to 226,500.
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