Bitcoin 'full breakout' not here yet as BTC price spends month at $30K
BTC price targets extend down to $27,000 with Bitcoin in a state of "flux." Bitcoin (BTC) refused to give up $30,000 at the July 17 Wall Street open as observers placed bets on a step lower next. BTC/USD 1-hour chart. Source: TradingView Bitcoin traders line up downside targets Data from Cointelegraph Markets Pro and TradingView followed what one analyst called “boring” BTC price action into the new trading week. After an equally quiet weekend, BTC/USD showed no signs of volatility amid a lack of catalysts for change across risk assets. Twenty-six days within this range for #Bitcoin. Boring. pic.twitter.com/JghJp1dCCQ — Michaël van de Poppe (@CryptoMichNL) July 17, 2023 “The market is in flux, and both camps are fighting for dominance,” on-chain monitoring resource Material Indicators wrote in part of its latest Analysis , referring to a battle between Bitcoin bulls and bears. “Everytime bears start to get some momentum, bulls replenish support at $30k. IMO, still to...