Aug 29, 2022
Bitcoin’s June Lows in Focus During Renewed Price Decline
Bloomberg News
,(Bloomberg) -- Bitcoin has retreated along with the wider cryptocurrency space, putting downside levels back into the conversation. The June lows, which sit right at $17,600, could be a key area to watch, according to Fundstrat technical strategist Mark Newton and Nexo co-founder Antoni Trenchev. Bitcoin fell as much as 2.3% on Monday to $19,526.
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