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![IMAGE](https://static.coindesk.com/wp-content/uploads/2021/04/Screen-Shot-2021-04-07-at-15.51.43-710x458.png?format=webp)

Bitcoin (BTC) trading around $56,140.49 as of 20:00 UTC (4 p.m. ET). Slipping 3.72% over the previous 24 hours.
Bitcoin’s 24-hour range: $55,541.91-$58,645.77 (CoinDesk 20)
BTC trades below its 10-hour and 50-hour averages on the hourly chart, a bearish signal for market technicians.
Bitcoin slid for a second day as the No. 1 cryptocurrency saw flat trading volume, typical of a rangebound market.

Bitcoin’s spot trading volume on eight U.S.-focused crypto exchanges tracked by CoinDesk was largely unchanged on Wednesday. The trading volume has been around or below $3 billion for seven days now.

The oldest cryptocurrency is looking at a price support level around $54,000, as CoinDesk reported earlier, with resistance around $60,000.

[SOURCE](https://www.coindesk.com/market-wrap-bitcoin-drops-spot-trading-volume-low)
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