Bitcoin Price Analysis (JULY): Why $58,500 Could Be the Last Quarterly Low

The post Bitcoin Price Analysis (JULY): Why $58,500 Could Be the Last Quarterly Low appeared first on Coinpedia Fintech News

Bitcoin recently closed at $58,500, its lowest point of the quarter, and the explanation most analysts reached for was macro pressure, ETF outflows and institutional fear. Gareth Soloway, Chief Market Strategist at Verified Investing, has a different read that most people have not considered. A significant portion of last week’s selling had nothing to do …