Bitcoin falls below $29k after a month-long struggle to stay afloat

2023-8-18 00:30

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The market structure of Bitcoin showed furThe post Bitcoin falls below $29k after a month-long struggle to stay afloat appeared first on AMBCrypto.

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Bitcoin (BTC) на Currencies.ru

$ 67865.3 (-0.16%)
Объем 24H $28.099b
Изменеия 24h: -0.32 %, 7d: -2.76 %
Cегодня L: $67605.51 - H: $68812.85
Капитализация $1337.289b Rank 1
Цена в час новости $ 26263.33 (158.4%)

bitcoin afloat struggle stay below falls month-long

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Bitcoin Price Analysis: Low Time Frames Show Signs of Life Amid Weekly Tests

Bitcoin continues to coil tightly within its range-bound market as the bulls and bears fight it out to see which is most dominant. On the lower time frames (TF), bitcoin is managing to find support:Figure 1: BTC-USD, 2-Hour Candles, Low TF SupportThe zone outlined by the green line in Figure 1 represents local support that has kept the market afloat for the last week and a half.

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