New Collapse Or Recovery What Happen To Bitcoin Next Week
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On August 7, Bitcoin is trading at $23.1 thousand, over the past week; the crypto currency has fallen in price by 2%
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“Bitcoin will continue to strengthen with the growth of indices”
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Trades during the week from August 1 to 6 were relatively calm in price range of $22.4-23.6 thousand
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On Thursday, August 4, the BTC/USDt pair fell to $22.4 thousand, after which growth of quotations resumed
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On Friday, August 5, Bitcoin rose by 3.05% to $23.3 thousand. Increased volatility was observed at 15:30 Moscow time
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Tesla shares fell 6.6%, hitting the S&P 500 and Nasdaq hard. Meta shares were down 2% and Amazon shares were down 1.2%.
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The resistance is the level of $23.5 thousand. Above it, new resistance will be the zone of $24.6-25.2 thousand
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Most likely, on Wednesday, new period of bitcoin's fall will begin - to the level of $17-19 thousand per coin
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Another confirmation of this may be data on inflation in July in the US (y/y) - they will be published on August 10
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