Bitcoin (BTC) has crashed back to a four-month range low of $60,000, currently trading at $61,500. As things develop, cryptocurrency analyst CrypNuevo projects BTC returning to the $67,000 price zone by the end of July.
CrypNuevo shared this particular analysis in his “Sunday Update” as a thread on X on June 30. Notably, the analyst foresees a volatile week ahead due to macroeconomic news, which he expects BTC price to respond to.
Overall, he mentioned news related to the MiCa regulation in Europe and other economic data, mostly from the United States, like non-farm payroll, unemployment rate, and FOMC minutes.
Furthermore, the professional trader points out three key Bitcoin levels to watch in the following two to three weeks. In summary, he believes Bitcoin will test resistance at $64,000, retrace to $59,000, and surge to $67,000.
Bitcoin price analysis and the road back to $67,000
CrypNuevo identifies two key liquidity areas: $62,500 to $63,500 in the short term and
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