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📅 July 3, 7:00 – July 9,
Bitcoin (BTC), which has hardly moved for five days, may explode in a short time.
BTC, which started the downward price movement after testing $ 30,250, has not been able to clearly determine its route. The leader of cryptocurrencies, traded at $ 29,429 as of the writing of the news, has been hovering in the same price region for five days. Although it seems short as a day, this value indicates a critical situation.
BTC, which was withdrawn from $ 30,250 by being rejected, is now trading between $ 29,500 - $ 29,000. BTC, which has not neglected this area for a few days, can target $ 30,300 - $ 30,800 and $ 31,400, respectively, as long as it holds above $ 29,700. A voluminous break of $31,400 could bring price to a near-time top.
In case $29,250 fails to act as support, or a snapshot of FUD news could push the price towards the support points. Support points that can be followed in this process are $28,900 – $28,400 and $28,040, respectively. Not being able to find a buyer at $28,000 will raise $25,000 levels in the medium term.
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