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August To be Less Favourable For Bitcoin (BTC) Price! Here’s What Traders Can Expect

The post August To be Less Favourable For Bitcoin (BTC) Price!
Bitcoin (BTC) is attempting to make a short-term higher low while hinting at a number of long-term bullish reversal indicators.
Above the $23,500 resistance area, the price of Bitcoin increased quickly.
However, a cautious price recovery has been occurring over the past 1.5 months.
A dip below the 200-week moving average last week was a historical anomaly and cast doubt on the long-term upward trend of cryptocurrencies.

Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by TokenAround.

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