Bitcoin drops through $58,000 as analysis highlights ongoing BTC seller interest throughout 2024. Bitcoin dipped more than 2% on July 4 as a key support line saw its first retest since October 2023. Data from Cointelegraph Markets Pro and TradingView captured new local lows of $57,885 on Bitstamp after the latest daily close. A lack of sentiment and steady selling from spot markets created unsavory conditions for Bitcoin bulls. Read more Source: https://cointelegraph.com/news/bitcoin-price-loses-200-day-trendline-first-time-in-10-months