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Bitcoin is trading below $30,000. Last time we saw this price was back in late June and price then bounced strongly towards $36,600. There are several occasions where price bounced strongly from the $29,000 price level and this makes it a considerable horizontal support that should not be ignored.
$30,000 next. Resistance is found at $36,300 and as long as price is below this level, short-term trend remains bearish.InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.