Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Magepai on July 02, 2022, 12:01:54 PM
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No sign of a significant shift up or down for BTC price, but volume data hints that the bottom could come in weeks or less.Bitcoin (BTC) failed to reclaim recent losses into July 2 as traders prepared for stagnant price action to continue.Data from Cointelegraph Markets Pro and TradingView tracked a limp BTC/USD as it chopped around the $19,000 mark into the weekend.
The Wall Street trading week had finished without surprises, with United States equities practically stagnant — providing little impetus for crypto volatility. The U.S. dollar index, or DXY, fresh from a retest of twenty-year highs, ran out of steam to circle 105 points.more (https://cointelegraph.com/news/bitcoin-will-see-long-bear-market-says-trader-with-btc-price-stuck-at-19k)