AliMavi
vip

Bitcoin price surged above $31,000 during spot Bitcoin ETF applications that started in June, but then fell below $30,000 and entered the consolidation process. The positive outcome of the Ripple v SEC lawsuit briefly boosted cryptocurrencies, but the impact quickly faded and Bitcoin fell again.


Investors are focusing on the Fed's rate decision meeting next week and the SEC's decision for spot Bitcoin ETFs. If ETFs are approved, a large capital flow to Bitcoin is expected. However, these decisions have not been taken yet and uncertainty prevails in the market.
Bitcoin is currently struggling to surpass the $30,000 resistance level. If it can close above the $30,560 resistance, there is potential for recovery. However, if it fails to break this level, the $29,870 and $29,600 support levels could be tested.
#Bykaranteli# #GateioBountyCreator# #ContentStar# #BountyCreator# #GateioTurns10# #CryptoObserves# #contentcreator# #NewsMessenger#
#HotTopicDiscussion#
#MyFancyCreator# #美女#
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)