![](\"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=840\/https:\/\/s3.cointelegraph.com\/uploads\/2023-07\/51bf8507-cb6c-4e15-9245-da29ce724014.jpg\")
<\/p>\nBTC price fails to hold above $30,000 after a brief resurgence, causing concern among Bitcoin traders.<\/p>\n
– BTC price sinks through $30,000 after rejection at the 21-day SMA.<\/p>\n
– Analysts predict a return to range lows and another sweep of the low for Bitcoin.<\/p>\n
– Volatility could increase due to rising open interest.<\/p>\n
– On-chain monitoring suggests a temporary peak may be in for BTC\/USD.<\/p>\n
– Lack of bid liquidity below $30,000 mark according to Binance order book data.<\/p>\n
– Strong tech earnings and a slowdown in US jobless claims boost the US dollar.<\/p>\n
– The US Dollar Index (DXY) gains ground to near 101.<\/p>\n
– The relationship between BTC price performance and DXY strength is changing.<\/p>\n
– This article does not provide investment advice or recommendations.<\/p>\n
Summary:<\/p>\n
– BTC failed to hold above $30,000 and may return to range lows.<\/p>\n
– Analysts warn of another sweep of the low for Bitcoin.<\/p>\n
– Volatility could increase due to rising open interest.<\/p>\n
– On-chain monitoring suggests a temporary peak for BTC\/USD.<\/p>\n
– Lack of bid liquidity below $30,000 mark according to Binance order book data.<\/p>\n
– Strong tech earnings and a slowdown in US jobless claims boost the US dollar.<\/p>\n
– The US Dollar Index (DXY) gains ground to near 101.<\/p>\n
– The relationship between BTC price performance and DXY strength is changing.<\/p>\n","protected":false},"excerpt":{"rendered":"
<\/p>\n
BTC price fails to protect the $30,000 mark after a brief resurgence, and Bitcoin traders are not confident of new highs.<\/p>\n","protected":false},"author":1,"featured_media":12148,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[15],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/posts\/12147"}],"collection":[{"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/comments?post=12147"}],"version-history":[{"count":0,"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/posts\/12147\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/media\/12148"}],"wp:attachment":[{"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/media?parent=12147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/categories?post=12147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/tags?post=12147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}