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July 03, 2023
Without a clear-cut direction, Bitcoin is trading around $30,626 and ranging between $30,600 and $30,800.
- United States ISM Manufacturing PMI (Jun) is next.
- While flat so far today, Bitcoin is on a 20 day bullish trend, gaining a total of $5,491.48 throughout.
Here is the technical analysis of Bitcoin before macro data is released:
Chart analysis indicates Bitcoin is approaching key support, around $209.2 away from $30,417. Dipping below could indicate further losses are ahead while a failure to break below this level is likely to be seen positively by market bulls.
Coming up for Bitcoin — United States ISM Manufacturing PMI (Jun) is scheduled for today at 14:00 UTC.
As the markets get ready for more data to be released — FTX Token rallies 9.54% to trade around $1.36. After ending today's session at $113.08, Litecoin lost $3.74 and is trading around $109.34. TRON gained 2.24% and is now trading at $0.078.
Bitcoin has appreciated 83.09% over the past six months.
