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SEC delays another ETF decision, Binance news, and more sideways BTC price action: Hodler’s Digest, July 11–17

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SEC delays another ETF decision, Binance news, and more sideways BTC price action: Hodler’s Digest, July 11–17
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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Published at Mon, 19 Jul 2021 21:14:49 +0000

This post originally posted here https://www.investing.com/news/cryptocurrency-news/sec-delays-another-etf-decision-binance-news-and-more-sideways-btc-price-action-hodlers-digest-july-1117-2562053

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SEC delays another ETF decision, Binance news, and more
sideways BTC price action: Hodler’s Digest, July 11–17
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