The chart tracks the dramatic rise and fall of Bitcoin’s price over the past 24 hours. Bitcoin opened strong at $40,959.25, igniting hopes of a bullish breakout. However, the bears quickly countered, driving the price down to $40,900 within the first few hours. The battle between bulls and bears continued throughout the day, leading to a volatile price movement within a narrow range of $40,900 and $41,150. Despite the volatility, Bitcoin ultimately ended the day with a slight loss of 0.61%, signaling a possible shift in momentum towards the bears.
Source (CNBC)