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Markets

Bitcoin price (BTC) on June 14

The rates of most coins decrease at the beginning of the weekend, according to Coinstats.

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BTC chart by Coinstats

BTC/USD

Bitcoin price (BTC) has decreased by 0.11 % over the past 24 hours.

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Image by Tradingvief

On the hourly chart, the BTC rate is located near the local support of $ 104,834. If no bounce on the end of the day, the penetration may lead to a 104,000 dollar area test.

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Image by Tradingvief

In the larger time frame, the bulls failed to maintain the height after closing the bullish tape.

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From another point of view, the main encryption rate is far from the main levels, which means that no sharp rise or decline will occur by the weekend.

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Image by Tradingvief

From the mid -time point of view, the image is similar. The average in the middle of the wide channel, between supporting $ 100,764 and resisting 112,000 dollars. The size decreases, which means that continuous side trading around the current prices is the most likely scenario.

Bitcoin is traded at $ 10,056 at the time of the press.

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