FX.co ★ teagan.orn | #Bitcoin chart analysis

The price of Bitcoin continues to actively decline today, already more than a 10% decrease in price has been received in just under two days this summer. Today, the round support at 70000 was easily broken through. The decline accelerated during the American session. Apparently, active selling started there, which is not surprising, as the majority of holders, including ETF investors, are there. Therefore, I expect further decline towards the support area of 65000-66500. From there, I consider a possible bounce to the north. However, I do not expect any significant rebound in the current conditions. I assume that the price may retest the year's minimum at 60000 during this month.