Week 14 Bitcoin Price Forecast

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Bitcoin Price Forecast Week 14: July has proven to be a quiet month for Bitcoin. There's a large amount of accumulation going on in the $29K-$30K range. This is setting the stage for an explosive move. On the downside, my target is $28K in the worst case. This should provide significant liquidity for buyers to be able to finally pierce and close above the $32K level that has been an impediment to further movement upward for almost three months.

This is the last full week in July, so we could see some solid price action leading into the end of the month. Historically, Bitcoin gains about +8% in July on average. This last week will show us whether that trend continues or not.

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