Bitcoin (BTC) Price Prediction for July 30
Main Idea
Bitcoin (BTC) price has declined slightly, with potential for further drops if it breaks key support levels, while buyers struggle to maintain upward momentum.
Key Points
1. Bitcoin (BTC) price decreased by 0.75% over the last day.
2. The hourly chart shows BTC nearing a local support level of $117,421; a break below could lead to a test of $117,000.
3. If the daily bar closes below $117,000, further decline is likely.
4. Buyers have failed to sustain upward momentum in the midterm.
5. Bitcoin is trading at $117,474 at press time.
Description
Can rate of Bitcoin (BTC) bounce back over next few days?
$BTC
$118479.2
+0.16%
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