Bitcoin Price Prediction for Today June 29: It Loses $20k as It Risks Further Decline To $17k ByAzeez MustaphaPRO INVESTOR Updated: 30 June 2022 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin Fails To Hold Above $20k as It Risks Further Decline to $17k – June 29, 2022 On June 26, BTC/USD faced rejection at the $22,000 resistance zone as it risks further decline to $17K. Today, Bitcoin has fallen to the low of $20, 0027 at the time of writing. There is a likelihood of a price rebound or a breakdown.Bitcoin Price Statistics Data:•Bitcoin price now – $19,518.20•Bitcoin market cap – $371,662,087,589•Bitcoin circulating supply – 19,080,975.00 BTC•Bitcoin total supply – $409,291,110,909•Bitcoin Coinmarketcap ranking – # 1Resistance Levels: $50,000, $55, 000, $60,000 Support Levels: $30,000, $25,000, $20,000 Buy Bitcoin Now Bitcoin has fallen to $19,471 low as it risks further decline to $17K. On the upside, if the BTC price rebounds above the current support, the bullish momentum is capable of breaking the resistance levels of $21,675 and $23,010. The bullish momentum will extend to the high of $30,000.On the other hand, if the selling pressure persists; Bitcoin will fall and revisit the previous low of $17,605. It is at level 31 of the Relative Strength for period 14. It indicates that the largest cryptocurrency has reached the oversold region of the market. Microstrategy Acquires An Additional 480 BTC Amid Market Slump Michael Saylor is the CEO of the Business intelligence firm, MicroStrategy.The business intelligence firm has now amassed 129,699 BTC at an average price of $30,644. According to CEO Michael Saylor. Microstrategy has completed Form 8-K filing with the United States Securities and Exchange Commission (SEC) indicating that it has acquired an additional 480 BTC. The 480 BTC is at an average price of roughly $20,817 which is totaling almost $10 million in cash. With the current purchase, MicroStrategy holds 129,699 BTC, making it the largest corporate holder of Bitcoin. The total holdings are valued at roughly $3.98 billion. BTC/USD – Daily Chart In the meantime, Bitcoin has lost the $20,000 psychological price level as it risks further decline to $17K. It is not clear if Bitcoin will revisit the previous low at $17,605. In the previous price action, the bulls bought the dips as Bitcoin traded above the $20,000 support. Read more:• How to buy cryptocurrency• How to buy Bitcoin Our Recommended Bitcoin Account Our Rating Buy, sell, trade and store BTC on the eToro platform Social trading platform & copy trading CySEC, ASIC & FCA regulated Visit Site 68% of retail investor accounts lose money when trading CFDs with this provider. Join Our Telegram channel to stay up to date on breaking news coverage