Bitcoin (BTC) decreased considerably on July 13, resuming the descent that began the previous day and hit a low of $32,202.
So far, BTC has continued moving downwards in the early hours of July 14. However, it’s rapidly approaching a confluence of support levels.
BTC trading range
BTC is still trading inside the range of $31,300 and $40,550 that’s been in place since May 19. Currently, it’s trading slightly above the $31,300 horizontal support area.
The price has been moving downwards…
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