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Bitcoin Price Multi-Timeframe Analysis
Bitcoin remained above $30,000 in the overnight session as the recent consolidation continued. The BTC/USD pair was trading at 30,500 on Thursday morning, a few points below the year-to-date high of 31,382. Bitcoin has done well even as the crypto industry faces significant headwinds. The biggest headwind is on regulations. In June, the Securities and Exchange Commission (SEC) decided to sue Binance and Coinbase. Binance has also faced major challenges from several Western countries. Its Australian offices were raided by the Australia Securities and Investment Commission (ASIC). The company has also withdrawn from ... (full story)