Bitcoin Price Prediction – July 6
Today, the Bitcoin price tried to break above the $35,000 mark but with no success as the coin drops below the moving averages.
BTC/USD Long-term Trend: Ranging (Daily Chart)
Resistance Levels: $38,000, $40,000, $42,000
Support Levels: $30,000, $28,000, $26,000
At the time of writing, BTC/USD is currently losing its balance below the $35,000 level as traders remained jittery about its recent retreat to trade at $33,925. The Bitcoin price drops toward the opening price of $33,697, trading with 0.67% from its opening rate. However, during the European session, the green candle rises to cross above the 9-day and 21-day moving averages before sliding back below $35,000.
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