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Bitcoin risks new lows as $20K looms amid dollar euro parity

Published 07/11/2022, 12:35 PM
Updated 07/11/2022, 07:40 PM
Bitcoin risks new lows as $20K looms amid dollar euro parity
TWTR
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BTC/USD
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BTC/USD
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Bitcoin (BTC) headed for $20,000 after the July 11 Wall Street open amid fresh warnings to “prepare for new lows.”

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD failing to recover losses that had immediately followed the weekly close at $20,850.

BTC/USD order book data (Binance) with trend line. Source: Material Indicators/ Twitter (NYSE:TWTR)
U.S. dollar Index (DXY) 1-month candle chart. Source: TradingView

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