BTC trace risks contemporary sub-$29K dip as Binance fears take a look at Bitcoin bulls

BTC trace risks contemporary sub-$29K dip as Binance fears take a look at Bitcoin bulls

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Bitcoin (BTC) dipped below $29,000 on Aug. 3 as market considerations over largest world alternate Binance reignited BTC trace downside.

<em><span class="aqPopupWrapper js-hover-me-wrapper"><a href="https://www.investing.comhttps://www.investing.com/crypto/bitcoin/btc-usd" id="64cbdd6dd4269" class="aqlink js-hover-me" hoverme="aql" data-pairid="945629">BTC/USD</a></span> 1-hour chart. Source: TradingView</em>

Records from Cointelegraph Markets Skilled and TradingView confirmed BTC trace motion heading lower sooner than a modest comeback into the Wall Boulevard birth.

<em>Binance BTC, ETH reserves charts. Source: Ki Young Ju/Twitter</em>
<em>Bitcoin Historical Volatility Index (BVOL) 1-week chart. Source: TradingView</em>

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