Bitcoin dropped to new lows for the month at the opening of Wall Street on July 18, but traders are still holding onto the $30,000 support level. The relative strength index (RSI) is waning and there is little sign of upward momentum, leading some to predict further downside targets.
However, some traders are looking beyond the current retracement and eyeing the potential for an uptrend in 2023. Popular traders and analysts have different opinions on where Bitcoin's price is headed next.
All Comments