Bitcoin price continues to consolidate near a key support but a close above $9,400 is needed to avoid a sharper correction.
Over the weekend Bitcoin price (BTC) dropped below $9,000 for the second time in 7 days but the weekly close was relatively uneventful. As covered by Cointelegraph, buyers quickly stepped in to buy the dip at the $8,800 support on June 27 and at the time of writing the price is pushing toward $9,100.
Read on:
https://cointelegraph.com/news/bitcoin-price-must-flip-this-level-into-support-to-avoid-a-drop-to-74k