Bitcoin dropped by 4.55% on Monday losing all the gains worked over the weekend. The cryptocurrency markets still cannot recover from the sharp sell-off in May. Bitcoin seems to be locked within the $30k-$40k range, approaching the lower support recently, which may worry holders around the world.
At the moment it is trading just below $34,000 on PrimeBit. Fortunately for margin traders, the price movements are significant, which shows great opportunities for well-timed leveraged traders.
Read more: https://blog.primebit.com/2021/07/06/btcusd-cant-get-momentum-as-ethusd-outperforms/