danielcawrey

Bitcoin Performance Flatter Than Kansas in July

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Holding on to $9,200 after a weekend in the $9,100 range is the best traders could hope for in a weaker-than-normal market for bitcoin . “After a brief consolidation in the region of $9,000, bitcoin began to adjust upward,” said Constantin Kogan, partner at cryptocurrency fund of funds BitBull Capital. “Now it is near the next important level at $9,200. If today’s trading session closes above this mark, it is likely to see further growth.”

Any growth would be welcomed by cryptocurrency traders – so far this month, bitcoin’s overall performance in July has been flat.

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