Bitcoin teases new volatility as BTC price taps 4-day high near $29.6K

Dollar stalls after 4% reboundThe weeks macro motions opened with United States equities modestly up, while U.S. dollar strength waned at resistance last seen in July.Related: BTC price breakout by end of August?”Stock market bulls desire a rejection. Source: TradingViewMagazine: Deposit threat: What do crypto exchanges really do with your money?This article does not consist of investment guidance or recommendations.

Source: TradingViewBitcoin traders supply “some action” after flat weekendData from Cointelegraph Markets Pro and TradingView tracked a journey past $29,500, marking the highest BTC price levels given that Aug. 10. Uncommonly flat trading conditions, followed by a brief dip to $29,000 assistance, consisted of weekend price action, this now appearing to provide way to more fascinating behavior.Analyzing the current setup on exchange order books, popular trader Daan Crypto Trades noted what might be a “spoof” sell wall in place to keep area cost reduced. “Does show that theres some action going on in the books in this rate region.

Source: TradingViewBitcoin traders offer “some action” after flat weekendData from Cointelegraph Markets Pro and TradingView tracked a journey past $29,500, marking the highest BTC cost levels given that Aug. 10. Uncommonly flat trading conditions, followed by a brief dip to $29,000 assistance, comprised weekend cost action, this now appearing to offer way to more interesting behavior.Analyzing the existing setup on exchange order books, popular trader Daan Crypto Trades noted what could be a “satire” sell wall in place to keep area price reduced. “Does program that theres some action going on in the books in this price area.