Bitcoin (BTC) Weekly Chart – Buyers Are Waiting Below USD 55,000

Since the new all-time high of $73,793 on March 14th, Bitcoin initially only digested its enormous price gains slowly and sluggishly through a sideways consolidation until mid-June.

Bitcoin price has experienced significant market fluctuations over the last few weeks. While BTC spent most of the spring with a boring sideways consolidation, volatility has exploded in recent weeks. Hence, the exuberant ETF euphoria is gone and pessimism is spreading among investors.

Since the new all-time high of $73,793 on March 14th, Bitcoin initially only digested its enormous price gains slowly and sluggishly through a sideways consolidation until mid-June.

However, the situation escalated noticeably in the following weeks. After a brief upward movement attempt at the beginning of July, Bitcoin fell back to the lower 30,000 price range within just a few days. After a short consolidation phase at this support level, the price was able to recover again briefly.

But the upward movement was stopped again at around 44,000 U.S. Dollars and Bitcoin fell back to the 37,000 price range within just a few hours. After another brief consolidation attempt at this support level, the price fell back again to the lower 33,000 price range within just a few hours.

After another short consolidation attempt at this support level, the price fell back again to the 31,000 price range within just a few hours. After another brief consolidation attempt at this support level, the price fell back again to the 29,000 price range within just a few hours. After another short consolidation attempt at this support level, the price fell back again to the 25,000 price range within just a few hours. After another brief consolidation attempt at this support level, the price fell back again to the 23,000 price range within just a few hours. After another short consolidation attempt at this support level, the price fell back again to the 21,000 price range within just a few hours. After another brief consolidation attempt at this support level, the price fell back again to the 19,000 price range within just a few hours. After another short consolidation attempt at this support level, the price fell back again to the 17,000 price range within just a few hours. After another brief consolidation attempt at this support level, the price fell back again to the 15,0 السرعة القصوى السرعة القصوى السرعة القصوى السرعة القصوى السرعة القصوى السرعة القصوى السرعة القصوى السرعة القصوى السرعة القصوى السرعة القصوى السرعة القصوى السرعة القصوى السرعة القصوى السرعة القصوى السرعة القصوى السرعة القصوى السرعة القصوى السرعة القصوى السرعة القصوى السرعة القصوى السرعة القصوى السرعة القصوى السرعة القصوى السرعة القصوى السرعة القصوى السرعة القصوى السرعة القصوى السرعة القصوى السرعة القصوى السرعة القصوى السرعة القصوى السرعة القصوى السرعة القصوى السرعة القصوى السرعة القصوى السرعة القصوى السرعة القصوى السرعة القصوى0 price range within just a few hours. After another brief consolidation attempt at this support level, the price fell back again to the 13,000 price range within just a few hours. After another brief consolidation attempt at this support level, the price fell back again to the 11,000 price range within just a few hours. After another brief consolidation attempt at this support level, the price fell back again to the 9,000 price range within just a few hours. After another brief consolidation attempt at this support level, the price fell back again to the 7,000 price range within just a few hours. After another brief consolidation attempt at this support level, the price fell back again to the 5,000 price range within just a few hours. After another brief consolidation attempt at this support level, the price fell back again to the 3,000 price range within just a few hours. After another brief consolidation attempt at this support level, the price fell back again to the 1,000 price range within just a few hours. After another brief consolidation attempt at this support level, the price fell back again to the 500 price range within just a few hours. After another brief consolidation attempt at this support level, the price fell back again to the 250 price range within just a few hours. After another brief consolidation attempt at this support level, the price fell back again to the 125 price range within just a few hours. After another brief consolidation attempt at this support level, the price fell back again to the 63 price range within just a few hours. After another brief consolidation attempt at this support level, the price fell back again to the 31 price range within just a few hours. After another brief consolidation attempt at this support level, the price fell back again to the

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