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The bullish momentum that propelled (BTC ) to a 75% 365 days-to-date plot all however vanished on Aug. 1 as Bitcoin imprint closed out the month of July down 5.4%. Bitcoin imprint temporarily fell below $29,000 on July 31 and remains beneath that key resistance level.
The contraction in Bitcoin imprint has some analysts cautioning that BTC dangers dipping to $25,000.
<em><span class="aqPopupWrapper js-hover-me-wrapper"><a href="https://www.investing.comhttps://www.investing.com/crypto/bitcoin/btc-usd" id="64c9729aed84d" class="aqlink js-hover-me" hoverme="aql" data-pairid="945629">BTC/USD</a></span> 1-day imprint. Supply: <span>TradingView</span></em> <em>Bitcoin chart noting files occasions. Supply: Capriole Investments</em> <em>Aim rate of interest potentialities. Supply: CME Community (NASDAQ:<span class="aqPopupWrapper js-hover-me-wrapper"><a href="https://www.investing.com/equities/cme-group-inc." id="64c9729aed8dc" class="aqlink js-hover-me" hoverme="aql" data-pairid="13080">CME</a></span>)</em> <em>BTC liquidations. Supply: Coinglass</em> <em>Grief & Greed Index. Supply: Substitute.me</em>
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