|BTC Price: $10,509
Last 7 Days: -2.44% 1month: -0.87% 12months: 45.62%Once again last week we saw a price decline below the $10,000 support mark and breaking the $9,500 level settling below the 100 simple moving average and closing at a low towards $9,000. A support base was formed above $9,200 and the price has since started an upside correction. In more recent days the price movement was positive as the price broke the $10,000 and $10,250 resistance levels. Bulls took control towards the end of the week breaking through the major bearish trend line with resistance at $10,400, the price of BTC/USD climbed above $10,800, again through another significant resistance level and spiking very close to $11,000, hitting a strong resistance area of $11,150. We are looking at $10,250 as a major support level and $11,200 for the major resistance level.
15th July: $25,384,047,207 (BTC Price of $10,895)
22th July: $15,684,686,905 (BTC Price of $10,570)
38% decrease in trading volume in the last 7 days