SEC delays another ETF decision, Binance news, and more sideways BTC price action: Hodler’s Digest, July 11–17 By Cointelegraph
SEC delays another ETF decision, Binance news, and more sideways BTC price action: Hodler’s Digest, July 11–17
New data hints why price action has spent two months at $30K
Bitcoin (BTC) posted another week of range-bound price action. Bitcoin has traded in a fairly tight range over the past several days, acting more like a volatile stablecoin than the bullishly tilted turbulent cryptocurrency folks know and love. Bitcoin has largely been stuck in a price range between roughly $30,000 and $40,000 for weeks.
Nunya Bizniz, a Bitcoin-focused Twitter personality, noted $30,000 as a potential key level on Bitcoins price chart, citing a number of reasons, including a Fibonacci level.
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