This week’s price action for Bitcoin (BTC), gold and our stock picks Mastercard and BNY Mellon.
Bitcoin (BTC) continued its tumultuous momentum through the $ 30,000 area in July. Overall, however, the trend is downward. On July 1, BTC was $ 33,000. The price of BTC rose almost to $ 36,000 by July 5. It crowded over the next few days, eventually falling below $ 33,000 by July 9. Another small rally rose back to nearly $ 35,000. Here, things took a turn for the worst when, on July 14, 19, and 20, respectively, successively fell below $ 32,000, $ 31,000, and eventually $ 30,000. However, BTC rebounded about $ 30,000 on July 21. It’s currently just over $ 32,000.