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BTC price action keeps everyone guessing, while Bitcoin casually marks a major achievement on monthly timeframes. Bitcoin (BTC) lingered below $31,000 at the July 3 Wall Street open with bulls still in need of a catalyst. BTC/USD 1-hour chart. Source: TradingView Bitcoin price: Sink or swim at $30,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD acting in a tight range following the weekly close. BTC price performance remained firmly sideways into the new week, punctuated only by modest attempts at attacking the $31,000 mark. More optimistic market participants hoped that nearby resistance levels — and not only for Bitcoin — would soon fall. “The more frequently a resistance line is tested, the weaker it becomes,” trading team Stockmoney Lizards argued. “The day will come when ALL $31k sell orders have been filled.” An accompanying chart uploaded to Twitter compared BTC price action this year with its pre-bull market behavior in 2016, in the run-up to previous ...

BTC price sideways trading is not dampening the optimism of Bitcoin traders prior to a giant options open interest expiry. Bitcoin (BTC) aborted a fresh attempt to reach $31,000 on June 29 while trader s waited for bulls to succeed. BTC/USD 1-hour chart. Source: TradingView BTC price "primed to launch" Data from Cointelegraph Markets Pro and TradingView showed BTC price action refusing to leave its short-timeframe trading range. Now caught between and $30,000 and $31,000, BTC/USD lacked impetus to continue the prior week’s uptrend or reverse downward. For market participants, however, there was increasingly reason to believe that flipping higher resistance levels to support would come next. It is very likely that #Bitcoin will reach the N28CT target of $34,500 in the next push higher My model has nailed every prediction since its creation -Bottom in Nov 2022 -Best cycle buying price s in green year Time to accumulate is coming to an end..https://t.co/Lg9LBcoDad pic.twitter....

Bitcoin should dip to cement the $30,000 flip to support, analysis argues as bullish BTC price takes stay in play. Bitcoin (BTC) consolidated into the weekend as market participants stayed optimistic about further gains. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView "Most still sitting on the sidelines" with Bitcoin Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering near $30,500 on April 15. The pair had finished the Wall Street trading week on a less volatile note along with fairly flat United States equities. With the ten-month highs of $31,035 remaining in force, trade rs and analyst s considered the options for how BTC price action could play out next. “We're going higher. Much higher,” Credible Crypto summarized, retweeting a chart of BTC/USD and funding rates from popular technical analyst Murfski. “Most still sitting on the sidelines, funding still relatively flat. This is disbullief depicted on a chart.” Murfski had describ...