Bitcoin struggles even as on-chain data shows reduced selling activity

Bitcoin (BTC) trades around $58,000 on Monday, down 0.7% on the day and extending the consolidation phase between $57,000 and $62,000 seen in the past ten days. source: https://www.fxstreet.com/cryptocurrencies/news/bitcoin-price-stabilizes-around-58-000-bearish-outlook-remains-intact-202408191145