faced another day of bearish pressure on Sept. 29 as the impact of China’s crypto crackdown and uncertainty about the regulatory landscape in the United States continue to weigh heavily on Bitcoin (BTC) and some of the larger-cap altcoins.

From Cointelegraph Markets ProAnd TradingViewThe chart shows that the initial morning rally of $42,000 was scuttled by the midday price drop to $41,000, where the bulls have defended against any further decline.