29,478,192,955 Bitcoin (BTC) was just rejected at the downtrend line after failing to close the daily candle above this resistance level, according to an update from @rektcapital on April 3rd. The BTC price has challenged the downtrend line but lacks the necessary momentum to confirm a breakout, indicating that selling pressure is still dominant in the short time frame.

Although it has not surpassed the critical level, BTC's continuous challenge of the downtrend line suggests that accumulation potential is forming. This is a moment worth closely monitoring, as if market sentiment shifts.