The post Bitcoin Declines Below $29.5K After Bullish Breakout – Is Bearish Pressure Chasing BTC Price? appeared first on Coinpedia Fintech News Recently, Bitcoin’s value has experienced a substantial decrease, plunging under the $29.5K threshold. This downturn is surprising, especially following a bullish breakout that had previously sparked bullish confidence among traders with MicroStrategy’s BTC purchase plans. The ensuing drop in Bitcoin’s price implies the presence of bearish pressure, suggesting that the recent surge may have been …