With $10K Near, Is Bitcoin Price Ready for a Big Breakout Next Week?
Cointelegraph
Published Jul 25, 2020 12:34PM ET
Updated Jul 25, 2020 02:20PM ET
The price of Bitcoin (BTC) held the crucial support level of $9,000, after which a rally to $9,600 occurred, as anticipated in last week’s technical analysis. Nevertheless, the overall market trend for BTC price has not broken out of its range since the halving in May.
The support area is $8,800-9,000, while the resistance can be found between $10,100-10,300. The volatility and volume have been decreasing as this range has been narrowing. So when can the market see volatility and big moves again?
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Written By: Cointelegraph
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