After a strong rally in the second half of June 2023, the Bitcoin (BTC) price has been consolidating for a while around the $30,500 level. As we can see in the below image, BTC has been consolidating throughout July around these levels showing signs of compression.
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BTC/USD$ 98,024.26 3.81%
ETH/USD$ 3,366.89 9.03%
USDT/USD$ 1.00 0.03%
SOL/USD$ 254.22 7.04%
BNB/USD$ 623.09 1.79%
XRP/USD$ 1.20 7.79%
DOGE/USD$ 0.384696 1.12%
USDC/USD$ 0.999818 0.02%
STETH/USD$ 3,364.80 8.98%
ADA/USD$ 0.806649 1.07%
TRX/USD$ 0.198349 1.06%
AVAX/USD$ 35.90 4.84%
SHIB/USD$ 0.000025 2.29%
WSTETH/USD$ 3,977.32 9.40%
WBTC/USD$ 97,604.15 3.69%
TON/USD$ 5.48 2.43%
SUI/USD$ 3.65 1.32%
WETH/USD$ 3,362.99 8.81%
BCH/USD$ 478.76 7.58%
LINK/USD$ 14.78 1.91%
PEPE/USD$ 0.000021 9.19%
DOT/USD$ 5.89 2.07%
LEO/USD$ 8.83 5.74%
XLM/USD$ 0.252546 0.34%
NEAR/USD$ 5.74 2.93%
LTC/USD$ 88.81 4.96%
APT/USD$ 11.98 0.73%
WEETH/USD$ 3,539.74 9.37%
UNI/USD$ 9.15 3.24%
USDS/USD$ 1.00 0.48%
CRO/USD$ 0.188982 4.91%
HBAR/USD$ 0.124587 1.26%
ICP/USD$ 9.21 1.78%
ETC/USD$ 27.30 6.60%
BONK/USD$ 0.000053 2.70%
TAO/USD$ 522.83 7.85%
KAS/USD$ 0.151562 0.01%
RENDER/USD$ 7.28 5.69%
USDE/USD$ 1.00 0.01%
POL/USD$ 0.450953 1.90%
WBT/USD$ 24.73 3.12%
DAI/USD$ 1.00 0.05%
OM/USD$ 3.68 0.42%
FET/USD$ 1.26 0.09%
ARB/USD$ 0.789478 16.71%
WIF/USD$ 3.24 3.79%
XMR/USD$ 161.28 0.09%
STX/USD$ 1.92 4.84%
OKB/USD$ 45.52 4.16%
FIL/USD$ 4.52 5.74%