Here are levels to watch as Bitcoin fights to avoid $30K July repeat



© Reuters.

(BTC) could well continue falling in the short term now that $40,000 support has disappeared, fresh analysis warns.

In its latest market update on Friday, trading suite Decentrader analyst Filbfilb raised concerns that the day’s $290 million in liquidations was not enough to avert a fresh tumble.

annotated chart showing liquidity in blue (screenshot). Source: Decentrader
BTC/USD 1-minute candle chart (Bitstamp). Source: TradingView

Continue Reading on Coin Telegraph

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



Read More: Here are levels to watch as Bitcoin fights to avoid $30K July repeat

30KAvoidBitcoinfightsJulylevelsrepeatWatch
Comments (0)
Add Comment