Bitcoin price stuck below $29K as Terra LUNA comes back from the dead

Bitcoin price stuck below $29K as Terra LUNA comes back from the dead

Bitcoin (BTC) analysts faced another day of frustration on May 28 as BTC/USD refused to offer volatility up or down.

BTC/USD 1-day candle chart (Bitstamp). Source: TradingView

“Not the decoupling we wanted”

Data from Cointelegraph Markets Pro and TradingView showed the largest cryptocurrency sticking in a narrow short-term range into the weekend.

Previously forecast support levels to avoid a deeper correction managed to hold in the May 27 Wall Street trading session, but a bounce higher was…


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