Bitcoin price approaches potential springboard to $23K as DXY cools surge

Bitcoin price approaches potential springboard to $23K as DXY cools surge

Bitcoin (BTC) approached the July 6 Wall Street open near $20,000 as a fresh battle between support and resistance loomed.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Whale levels close by

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD wedged in a tight trading range with liquidity creeping closer to spot on the day.

After recovering 6% losses from the day before, order book data confirmed that support and resistance was now almost…


Source link

About bitcoin

Check Also

Giant Bitcoin 'Taproot Wizard' NFT Minted in Collaboration With Luxor Mining Pool – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my …

Leave a Reply

Your email address will not be published. Required fields are marked *