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Bitcoin long-term price analysis: 29 June
For the past several weeks, Bitcoin appeared to be consolidating below $9,500 despite a short-lived upside break. So far, the coin managed to stay afloat above the critical $9,000-support level after multiple downside market corrections. At the time of writing, the largest cryptocurrency by market cap was valued at $9,088. Bitcoin [BTC] Daily Chart: image As depicted in the chart above, the Bitcoin price candles appeared to be oscillating between the two trendlines of a falling wedge pattern, completion of which was expected to take shape in the last week of July. A bullish breakout could potentially follow the ... (full story)