Are the good times here to stay for BTC? Not beyond $35,000, one trader warns.
BTC/USD 1-hour chart. Source: TradingView
July, by historical standards, looks even better — throughout its history, BTC price action has never lost more than 10% during that month.For CryptoBullet, however, “common sense” dictates that BTC/USD should fall below some key moving averages. “I can repeat what I said: $BTC can go to 35k , but this mid term bullish rally is coming to an end. Likely this month.”The concept of liquidity hunting in the low $30,000 zone nonetheless remains popular as a theory for price continuation.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Further Bitcoin (BTC) Rise Can Be Justified in July, Santiment Names Big ReasonHere's what may push Bitcoin to further highs this month, according to recently issued analytics report
Read more »
Bitcoin Cash (BCH) Deserves to Eclipse Bitcoin (BTC) by Market Cap, Top Analyst SaysJustin Bons, CIO and co-founder of longest-running European crypto investing fund Cyber Capital, explains why BCH is still superior to its predecessor
Read more »
Expansion for Collin County highway complete; thoroughfare now open for trafficFrontier Parkway in Collin County opens after a $35 million facelift
Read more »
See inside the $35 million Gucci penthouse that can't find a buyerSee inside the 'dated' and 'overpriced' $35 million Gucci penthouse that has been on and off the market for 8 years
Read more »
Massive $7 Billion Bitcoin (BTC) and Ethereum (ETH) Options Countdown: Price Implications Unveiled$7 billion Bitcoin & Ethereum options face epic expiry: Here's what to expect bitcoin btc btcusdt ethereum eth ethusdt $btc $eth
Read more »
Bitcoin traders say BTC price will soon break beyond $31K yearly highsBTC price stays rangebound, but Bitcoin traders are confident of $32,000 and higher next.
Read more »