Bitcoin

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Bulls are getting back in the game, as <a href="https://u.today/xrp-price-analysis-for-june-29">most of the coins</a> are again in the green zone.
<img alt="Top coins by CoinMarketCap" data-entity-type="file" data-entity-uuid="9ba6ba21-3790-46e9-b99f-2ae8fe001017" src="https://u.today/sites/default/files/inline-images/top10_517.png">
Top coins by<a href="https://coinmarketcap.com/"> CoinMarketCap</a>
<h2 id="btc-usd">BTC/USD</h2>
The price of Bitcoin (BTC) has risen by 1.53% over the past 24 hours.
<img alt="BTC/USD chart by TradingView" data-entity-type="file" data-entity-uuid="f91ff366-37b6-4a95-9dd7-c7804254edf3" src="https://u.today/sites/default/files/inline-images/btc1_109.png">
Image by <a href="https://www.tradingview.com/symbols/BTCUSD">TradingView</a>
On the hourly chart, the rate of Bitcoin (BTC) is trading in the middle of the recently formed channel. At the moment, traders should focus on the $31,000 zone. If the candle closes above it, the growth can continue to the $31,500 area on the weekend.
<img alt="BTC/USD chart by TradingView" data-entity-type="file" data-entity-uuid="fff8ee1a-e818-478f-9bcd-99a3fba398e8" src="https://u.today/sites/default/files/inline-images/btc2_98.png">
Image by <a href="https://www.tradingview.com/symbols/BTCUSD">TradingView</a>
On the bigger time frame, the price of BTC has once again tried to fix above the $31,000 mark. The rate has almost touched a resistance level at $31,458. If the return to that mark does not happen today, there is a chance to see ongoing sideways trading between $30,000 and $31,000.
<a href="https://u.today/bitcoin-cash-bch-price-analysis-for-june-29">card</a>
Such a scenario is relevant within the next few days.
<img alt="BTC/USD chart by TradingView" data-entity-type="file" data-entity-uuid="416172d8-0d96-4464-b100-9cb4444257ed" src="https://u.today/sites/default/files/inline-images/btc3_95.png">
Image by <a href="https://www.tradingview.com/symbols/BTCUSD">TradingView</a>
From the midterm point of view, Bitcoin (BTC) keeps looking bullish; however, one should pay attention to the bar closure. If it happens far from the previous candle peak at $31,458, sellers might locally seize the initiative that can lead to a drop to the $30,000 range.
Bitcoin is trading at $30,790 at press time.

Bitcoin (BTC) Price Analysis for June 30

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