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Bitcoin traders say BTC price will soon break beyond $31K yearly highs

June 29, 2023


Bitcoin aborted a fresh attempt to reach $31,000 on June 29, while traders waited for bulls to succeed.

BTC price “primed to launch”

Data from Cointelegraph Markets Pro and TradingView showed BTC price action refusing to leave its short-timeframe trading range.

Now caught between $30,000 and $31,000, BTC/USD lacked impetus to continue the prior week’s uptrend or reverse downward.

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