Bitcoin suddenly falls to new July lows

Data from Cointelegraph Markets Pro and TradingView followed BTC price action as it seesawed around the $30,000 mark.

Bitcoin had surged to its highest levels since mid-2022 earlier in the day, but the party ended up short-lived as the largest cryptocurrency gave back all its gains.

As a "scalper's dream" came true on the charts, traders took

a step back to see what would happen next.

Popular trader Jelle was among those eyeing a potential return to the $28,000 range, which he suggested would...

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