Bitcoin Technical Analysis – The key support zone held once again ...Middle East

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Fundamental OverviewBitcoin suffered a notable correction in June despite a generally positive risk sentiment. Last week, we got a quick drop into a key support zone on the news that Mt. Gox will start distributing assets stolen from clients in a 2014 hack in July 2024 after years of postponed deadlines. Crypto traders have been aware of this event coming, although the timing was unknown. Now, there’s a good argument that this event could keep a lid on Bitcoin as there’s some fear that people could lock in some gains once they get their Bitcoins. You can read a nice and comprehensive CNBC article here on this topic. In the big picture though, the price might remain supported amid a positive

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Last updated : 02 July 2024 clock 11:49 AM

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Bitcoin Technical Analysis – The key support zone held once again ...Middle East

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