Bitcoin: Trading Range, Key Events Awaited

19 Jul 2023

BTCUSDT's trading range has been between $30,000 and $31,500 following a significant increase on June 21. A minor dip to the $28,100 support level is possible this week. Subsequently, BTCUSDT is expected to resume its upward trend, targeting $31,000 and $34,000.

Key BTCUSDT events for the week of July 17, 2023:

BTCUSDT 2023 conference in Miami, Florida, featuring prominent speakers, developers, investors, and entrepreneurs.
SEC decision on ProShares' BTCUSDT ETF listing application, eagerly awaited by the Bitcoin community and potentially impacting the cryptocurrency's price.
ECB's release of the June inflation report, which could have implications for Bitcoin's price.
Celebration of BTCUSDT's 13th anniversary, marking its remarkable journey as a leading cryptocurrency and inspiring thoughts on its future.