Bitcoin price continues to decline, news from the Fed negatively affected cryptocurrency as well.
Since the second mid-May, the price has been in a flat after a strong fall.
At the moment, it is squeezed between two strong levels - 42000 and 30,000.
After an attempt to buy out the instrument, a strong resistance was broken, but as we can see, it turned out to be a false breakout and it was again pressed down.
I think that the instrument will stay in this range for some time, but there are still few positive things for the cryptocurrency.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
Since the second mid-May, the price has been in a flat after a strong fall.
At the moment, it is squeezed between two strong levels - 42000 and 30,000.
After an attempt to buy out the instrument, a strong resistance was broken, but as we can see, it turned out to be a false breakout and it was again pressed down.
I think that the instrument will stay in this range for some time, but there are still few positive things for the cryptocurrency.
-------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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