HomeUncategorizedBitcoin loses $29K as traders flag key BTC price levels to watch next By Cointelegraph

Bitcoin loses $29K as traders flag key BTC price levels to watch next By Cointelegraph

August 1, 2023

[ad_1]


© Reuters

(BTC) shed 2% into the start of August as traders’ expectations of further downside slowly came true.

1-hour chart. Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC’s price trajectory leaning lower at the July monthly close.

BTC/USD annotated chart. Source: Rekt Capital/Twitter
Bitcoin long/short-term cost basis data. Source: James Straten/Twitter
BTC/USD 1-day chart with 200-week MA. Source: TradingView
BTC/USD annotated chart. Source: Daan Crypto Trades/Twitter