After a strong rally in the second half of June 2023, the Bitcoin (BTC) price has been consolidating for a while around the $30,500 level. As we can see in the below image, BTC has been consolidating throughout July around these levels showing signs of compression.
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BTC/USD$ 62,960.87 4.26%
ETH/USD$ 2,466.82 5.38%
USDT/USD$ 1.00 0.10%
BNB/USD$ 565.55 2.87%
SOL/USD$ 143.08 8.88%
USDC/USD$ 0.999795 0.11%
XRP/USD$ 0.589622 1.36%
STETH/USD$ 2,466.76 5.45%
DOGE/USD$ 0.105738 3.25%
TON/USD$ 5.69 1.38%
TRX/USD$ 0.150908 0.97%
ADA/USD$ 0.351953 4.17%
AVAX/USD$ 26.38 11.03%
WSTETH/USD$ 2,905.27 6.20%
WBTC/USD$ 62,869.84 4.09%
SHIB/USD$ 0.000014 4.63%
WETH/USD$ 2,465.89 5.40%
LINK/USD$ 11.23 4.95%
BCH/USD$ 340.62 8.06%
DOT/USD$ 4.26 3.64%
LEO/USD$ 5.71 1.28%
DAI/USD$ 0.999825 0.10%
UNI/USD$ 6.79 2.79%
LTC/USD$ 65.52 1.89%
NEAR/USD$ 4.41 6.91%
KAS/USD$ 0.173245 1.41%
WEETH/USD$ 2,583.02 5.65%
ICP/USD$ 8.05 0.90%
FET/USD$ 1.49 7.70%
SUI/USD$ 1.36 6.23%
APT/USD$ 6.83 12.02%
PEPE/USD$ 0.000008 9.21%
XMR/USD$ 176.89 3.11%
FDUSD/USD$ 0.999058 0.42%
POL/USD$ 0.396689 3.07%
XLM/USD$ 0.095846 0.65%
ETC/USD$ 18.86 4.05%
TAO/USD$ 365.85 12.44%
USDE/USD$ 0.998925 0.02%
STX/USD$ 1.70 10.41%
IMX/USD$ 1.52 10.78%
OKB/USD$ 40.50 6.00%
AAVE/USD$ 150.14 8.77%
CRO/USD$ 0.081864 2.29%
FIL/USD$ 3.70 4.93%
ARB/USD$ 0.562375 7.99%
RENDER/USD$ 5.12 5.77%
INJ/USD$ 20.53 5.75%
MNT/USD$ 0.597905 5.16%
OP/USD$ 1.61 8.82%