Bitcoin price is down by nearly 19% after rising to a high of $41,400 on June 15.
As Bitcoin price broke below the middle Bollinger band on the daily chart, a downswing to the lower band at $33,400 seemed inevitable.
The TD Sequential indicator is currently on a red nine candlestick, which is considered a bullish formation.
It is worth noting that Bitcoin price must hold above June 9’s low of $32,400 for the bullish outlook to be validated.
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XRP price is licking its wounds so far this Saturday, having reached the lowest in three months at $0.7691 on Friday.
Cardano is snapping its four-day losing streak, attempting a minor recovery on Saturday amid a sluggish tone seen across the crypto market.
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