Following widespread selling pressure in the crypto market in June, Bitcoin price plunged to $60,000, with a candle wick extending to $58,488 at one point, reflecting the lack of momentum and dwindling interest among traders. For a coupled weeks the largest cryptocurrency oscillated between support at $60,000 and resistance at $63,000, allowing for fresh reaccumulation The post Will Bitcoin Price Hit $70,000? Key Factors Influencing BTC Price This Week appeared first on CoinGape .
