Bitcoin price analysis: BTC retests $29,200 previous low, swift spike higher next? - BitcoinEthereumNews.com
BitcoinBitcoin price analysis: BTC retests $29,200 previous low, swift spike higher next?06 / 07 / 2022बिटकॉइन एथेरियम समाचार Bitcoin price analysis is bullish today as we have seen a quick drop back to the previous support end with a slight reaction higher and consolidation since morning. Therefore, BTC/USD should see a quick retrace and another lower high set around $31,000 over the next 24 hours. क्रिप्टोक्यूरेंसी हीट मैप। स्रोत: Coin360 The market has traded in the red over the last 24 hours as strong spikes lower were seen across the board. The leader, Bitcoin, lost 4.42 percent, while Ethereum 3.96 प्रतिशत। इस दौरान, Binance Coin (BNB), Solana (SOL), and Avalanche (AVAX) are the worst performers among the major altcoins. Bitcoin price movement in the last 24 hours: Bitcoin retests previous lows, looks to retrace BTC/USD traded in a range of $29,311.68 to $31,545.18, indicating moderate volatility over the last 24 hours. Trading volume has declined by 0.54 percent, totaling $30.46 billion, while the total market cap trades around $570.43 billion, resulting in a dominance of 46.41 percent. BTC/USD 4-hour chart: BTC/USD begins to push higher On the 4-hour chart, we can see bulls regaining momentum over the last hours, indicating that a new lower high will likely