Bitcoin Price: What the Technical Chart Indicates About BTC’s Movement

Bitcoin

The month of July has been a very volatile one for Bitcoin investors due to the range of factors that brought the six-month-long bull run from the start of the year to an abrupt end. BTC had risen to $ 14,000 at one point last month but now the token is struggling to hold on to the $ 10,000 level.

Price Analysis

In a new development, Bitcoin price easily went below the psychologically important level of $ 10,000 yesterday, despite a rally that had taken the price to as much as $ 10,200. Traders rejected that price, and eventually, the …

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