The post Bitcoin (BTC) Price Analysis for Today: Here are the Price Actions for the Next 24 Hours appeared first on Coinpedia Fintech News
As expected, no change has been witnessed in the Bitcoin price action in the past 24 hours as it continues to trade within the same range. Besides, no specific change in market sentiment is seen as the volume remains drained along with the price moving sideways. In short, the BTC price is facing sluggish behaviour that may have annoyed the traders, who are now looking at other options to invest in.
Although the price does not display any major movement, it carries the possibility of a short-term bounce that the traders need to keep a note of. As mentioned in the previous composition, the September month is expected to be a major setback for the BTC price. Hence, the traders may be expecting a huge plunge before the end. However, one of the prominent analysts, Altcoin Sherpa, cautions his 196,200 followers not to trade actively at the moment.
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