Bitcoin value is down, however knowledge indicators that $30K and above is the trail of least resistance

On July 24, skilled a flash crash, plummeting to $29,000 in a motion now attributed to vital Bitcoin holders probably liquidating their positions.

Amid the crash and market uncertainty, Bitcoin’s (BTC) three main buying and selling metrics proceed to undertaking a bullish outlook, signifying that skilled merchants haven’t decreased their leverage longs by way of using margin and derivatives.

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