According to Jeffrey Gundlach, the trading pattern for Bitcoin may suggest a price drop below $30,000.
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Triple-digit gains make Dogecoin and Ethereum Classic the top performers of Q2
Bitcoin and Ethereum were the center of attention in Q1 but data shows DOGE, ETC and MATIC were the top performers of Q2.
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Record low Bitcoin velocity suggests BTC may ‘move to the downside’
Weekly Bitcoin transactions and velocity hit record lows, leading one analyst to suggest that even with BTC stable at $33,000, further downside could ensue.
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Bitcoin sell-off continues as BTC nears $31K ahead of Powell’s speech
The latest price declines came after the U.S. inflation rose to a 30-year high in June.
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Bulls largely absent as Bitcoin price slips to the bottom of its range near $32K
Traders appear to be sitting on their hands even as Bitcoin price drops closer to a critical support level at $32,000.
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Bitcoin rebounds from $33K support as US dollar inflation comes back into focus
Bitcoin moved inversely to the dollar at the beginning of this week as traders awaited the June CPI report due Tuesday.
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