Bitcoin's $1,500 plunge signals analysts' vigilance amid ongoing declines

Bitcoin (BTC) experienced a further drop in price on 28 December, in line with a continuing pattern of losses.

Data from Cointelegraph Markets Pro and TradingView found a decrease of $1,500 in the BTC price compared to the daily open.

This dip continued BTC's trend of being held within a price corridor for over a week, demonstrating the significant impact of overhead resistance.