Bitcoin

<ul><li>Bitcoin gained 2.95% in July, setting a positive tone amid a historically challenging Q3 period.</li><li>BTC needs to break resistance to move higher, with strong support levels providing a solid base for future growth.</li><li>Despite challenging months, momentum may shift mid-August, possibly leading to a new high by October.</li></ul><a href="https://cryptotale.org/bitcoins-bearish-trend-can-it-overcome-the-70000-barrier/" rel="noopener noreferrer nofollow">Bitcoin</a> concluded July on a positive note, registering a 2.95% gain as highlighted by <a href="https://x.com/CryptoJelleNL/status/1819275897918148967" rel="noopener noreferrer nofollow">CryptoJelle</a>, an analyst. Historically, the market often faces challenges during the remainder of Q3. However, an upward movement is typically observed once October arrives. As of press time, the Bitcoin price is <a href="https://coinmarketcap.com/currencies/bitcoin/" rel="noopener noreferrer nofollow">$64,464.16</a>, with a 24-hour trading volume of $39,316,462,187. Bitcoin is up 0.19% in the last 24 hours, indicating a steady increase in market activity.This year, Bitcoin swept the local lows, which <a href="https://x.com/CryptoJelleNL/status/1819276907931680885" rel="noopener noreferrer nofollow">provided </a>fuel for the second half of the Power of Three setup. This setup could potentially drive Bitcoin towards the $70,000 mark from its current levels. Analyzing the BTC/USD price trend involves identifying key support and resistance levels. Support levels are points where the price tends to find buying interest, often marked by previous lows. One such level is around $54,500, where the price has bounced multiple times, indicating strong support.<a href="https://cryptotale.org/btc-must-hold-60k-61k-for-all-time-high-analyst-warns/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

BTC Must Hold $60K-$61K for All-Time High, Analyst Warns

CryptoTale

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