Bitcoin price lost 30 thousand dollars support

Bitcoin (BTC) dropped below $30,000 on Tuesday, losing a critical support. 1-minute candlestick chart of BTC/USD (Bitstamp). Source: TradingView Bitcoin price bottomed out According to Cointelegraph Markets Pro and TradingView data, the BTC/USD pair has lost more than 7 percent in the last 24 hours and lost the $30,000 support. …

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Classic pattern signals bullish for Bitcoin

The rapid recovery of Bitcoin (BTC) price after falling below $30,000 on June 22 resulted in a classical pattern giving positive signals. Created by Richard Wyckoff in 1888, the Wyckoff Method aims to provide guidance on the market trend based on the relationship between supply and demand for an asset. …

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