Saturday, June 3, 2023

Bitcoin price dives below $31K after lowest weekly close in 8 months By Cointelegraph

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Bitcoin price dives below $31K after lowest weekly close in 8 months

(BTC) fell below $31,000 support on Monday after sideways trading gave way to downside pressure.

1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting local lows of $30,630 on Bitstamp on Monday.

BTC/USD buy and sell levels (Binance) as of July 19. Source: Material Indicators/Twitter