Bitcoin Price Prediction: BTC Is Tracking Its Historical July Average With Two Weeks Left To Defend It
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Bitcoin traded at $62,661 on July 17, down 1.74% after two failed attempts to hold above $65,000 and a slide back below the 20-day EMA at $63,219. ETF inflows remain positive, but the double rejection at resistance and pressure toward the Bollinger midline at $62,578 and key support near $58,500–$59,075 raises risk to the seasonal July upside in crypto markets.
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Bitcoin trades at $62,661 on July 17, down 1.74%, pulling back after two failed attempts to hold above $65,000 this week. ETF inflows have stayed positive through the volatility, but the double rejection at resistance and the slide back below the 20-day EMA are raising questions about whether the seasonal tailwind can carry through the final two weeks of the month.
BTC Price Today: Double Top at $65K Puts Seasonal Gain on Notice
The daily chart shows BTC slipping back below the 20-day EMA at $63,219 after two rejections at the $65,000 area this week. The Bollinger midline at $62,578 is the immediate level now in play, sitting just below current price. A horizontal support band visible on the chart near $58,500 aligns with the lower Bollinger Band at $59,075, forming the floor bulls need to hold if selling extends through the wee…
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In This News
Coins
$ 63.96K
+1.79%$ 0.00183
-1.17%Predictions Markets
See what traders are focused on
Share:
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Bitcoin buyers and bagholders are both selling into the rebound below $70,000
