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Selling pressure takes bitcoin below $30,000 but the range-bottom holds

Bitcoin hit at session low in the past hour, briefly trading below $30,000. It has since bounced back above that level though as the range since mid-June holds.Bitcoin jumped from $26,000 to $31,500 after Blackrock and several others filed applications to list bitcoin ETFs. The speculation is that Blackrock believes or knows they will be approved, creating an easier way for investors to own bitcoin.Last week, an attempt to push the range higher failed and now the consolidation just above $30,000... Read More

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Content Topics

Selling

Pressure

Takes

Bitcoin

Below

30

000 Range

Bottom

30 000

Range bottom

Forex

Posted: Jul 17 2023, 17:43

Author Name: forexlive

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