Bitcoin Is Weak: BTC Recovery Will Be Delayed, Here’s Why
Submitted by Anonymous (not verified) on Fri, 08/02/2024 - 22:40Bitcoin is weak at spot rates, contracting from July 2024 peaks to below $66,000.
Bitcoin is weak at spot rates, contracting from July 2024 peaks to below $66,000.
Bitcoin bulls have had a torrid week.
Bitcoin is firm at spot rates but struggling to shake off the bears of the past two trading days.
Bitcoin is shaky at spot rates, looking at the formation in the daily chart.
Bitcoin and most crypto assets have been printing higher highs since the failed assassination attempt on Donald Trump.
After concerns early this week, Bitcoin has rebounded sharply at spot rates.
Bitcoin is bearish at press time, fading last week’s strong gains.
Bitcoin is within a bullish formation following gains from last week after spring, as seen on July 15 when prices broke above the 20-day moving ave
Ethereum prices recoiled yesterday but are stable when writing.
Bitcoin is firm when writing, floating higher and above $60,000.
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