Bitcoin Price Analysis: BTC Struggles to Break $30,000 Mark

Bitcoin Price Analysis: BTC Struggles to Break $30,000 Mark

Bitcoin (BTC) price fails to test the recent $30,000 level.
Over the past 24 hours, the trading volume of BTC recorded a surge of over 23%.
A total of 800,000 blocks have been mined on the Bitcoin blockchain.
Bitcoin (BTC) is facing headwinds as it struggles to sustain itself within the $30,350 range that it attained on Sunday. This failure of laying out a bullish breakout weighs down on the entire crypto market.
Following multiple Bitcoin ETF filings, Bitcoin attempted to stage a fresh uptrend toward $31,000 at the end of June. Notably, on July 14, the Bitcoin price reached $31,657 on July 14. Currently, the largest cryptocurrency failed to test the $30,000 resistance and rather initiated a further downtrend.
Bitcoin (BTC) 24H Price Analysis
At the time of writing, the price of Bitcoin stood at $29,788, with a daily trading volume exceeding $10.1 billion, which has climbed 23%. Although the price has experienced a slight decline of around 0.16% in the last 24 hours. Zooming out, the B

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