Bitcoin (BTC) dipped below $29,000 on Aug. 3 as market concerns over largest global exchange Binance reignited BTC price downside. BTC/USD 1-hour chart. Source: TradingView BTC price analysis “expects” support retest Data from Cointelegraph Markets Pro and TradingView showed BTC price action heading lower before a modest comeback into the Wall Street open. Rumors over new United States legal action against Binance made for a disappointing 24 hours for Bitcoin bulls after a brief trip above $30,000. With the trading range still firmly in place, monitoring resource Material Indicators forecast…
Read MoreBTC price risks new sub-$29K dip as Binance fears test Bitcoin bulls
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