Bitcoin Price Analysis: Weaker After 30799 – 4 July 2023
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BTC/USD Hovering Around 30716: Sally Ho’s Technical Analysis – 4 July 2023 Bitcoin (BTC/USD) continued to consolidate recent gains early in the Asian session as the pair traded as high as the 30799 area before yielding some advances, a move that represented a test of the 76.4% retracement of the depreciating range from 31277 to 29417.14. The recent sell-off to the 29417.14 area represented a test of the 38.2% retracement of the appreciating range from 26165.98 to 31443.67. This decline occurred after BTC/USD spiked higher to the 30277 area, its strongest print in several trading sessions, and increased the possibility