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Bitcoin Price Analysis: BTC Consolidates Below $24,000; Is Bounce Back Possible?

Bitcoin Price Analysis: BTC Consolidates Below $24,000; Is Bounce Back Possible?


CoinGape
2022-08-12 14:19:04

Bitcoin price analysis indicates extended consolidation for the second straight day. The BTC/USD pair opens the session lower and is looking for support near $23,500 on the hourly chart. After making a fresh swing high of $24,929.99 in the previous session BTC bulls seem exhausted. Bitcoin price consolidates for the second straight session on Saturday. The post Bitcoin Price Analysis: BTC Consolidates Below $24,000; Is Bounce Back Possible? appeared first on CoinGape.


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