The 【Block Motion】 on August 7, the latest weekly report on encryption indicated that the price of Bitcoin in July had declined from a peak of 123,000 Dollar to 113,000 Dollar, placing new investors who recently bought at a position of unrealized losses, forming a massive supply group whose cost basis lies above 116,000 Dollar. The bottom of this group has been tested several times, leading to a rebound, but the sharp decline that occurred on July 31 caused the price to enter the "void zone" mentioned in previous reports. Historical data shows that such low liquidity ranges often turn into new
BTC1,8%
