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Bitcoin Price Analysis

Bitcoin Trades in a Bearish Trend Zone as Price Rebound Is Imminent – June 16, 2022

Bitcoin (BTC) has resumed consolidation above the current support as price rebound is imminent. In a nutshell, BTC/USD is fluctuating between $20,050 and $23,000 price levels. A further decline is unlikely as the market reaches the oversold region. The largest cryptocurrency is trading at $21,844.74 as of press time.

Bitcoin Price Statistics Data:
•Bitcoin price now – $21,844.74
•Bitcoin market cap – $416,611,186,768
•Bitcoin circulating supply – 19,068,831.00 BTC
•Bitcoin total supply – $458,564,404,223
•Bitcoin Coinmarketcap ranking – # 1

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