SEC delays another ETF decision, Binance news, and more sideways BTC price action: Hodler’s Digest, July 11–17

Cointelegraph

Published Jul 17, 2021 04:00PM ET

Updated Jul 18, 2021 04:40PM ET

h4 /h4 h4 /h4 h4 New data hints why Bitcoin price action has spent two months at $30K/h4

Bitcoin (BTC) posted another week of range-bound price action. Bitcoin has traded in a fairly tight range over the past several days, acting more like a volatile stablecoin than the bullishly tilted turbulent cryptocurrency folks know and love. Bitcoin has largely been stuck in a price range between roughly $30,000 and $40,000 for weeks.

Nunya Bizniz, a Bitcoin-focused Twitter personality, noted $30,000 as a potential key level on Bitcoins price chart, citing a number of reasons, including a Fibonacci level.

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