{"id":422225,"date":"2023-07-21T12:26:19","date_gmt":"2023-07-21T12:26:19","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=422225"},"modified":"2023-07-21T13:00:32","modified_gmt":"2023-07-21T13:00:32","slug":"bitcoin-price-could-hit-the-32k-price-zone-soon-if-it-breakouts-out-from-the-current-trading-range","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-price-could-hit-the-32k-price-zone-soon-if-it-breakouts-out-from-the-current-trading-range","title":{"rendered":"Bitcoin Price Could Hit The $32k Price Zone Soon If it breakouts Out From The Current Trading Range"},"content":{"rendered":"
Since touching the $31k level in early June, bitcoin has struggled to trade past this price range for a couple of weeks. <\/span>There has been a frequent attempt to breakout from this zone which has been unsuccessful.<\/span><\/p>\n However, if the price flips this zone, we could see a minor price surge to the $32k level.<\/span><\/p>\n Following the massive bearish momentum that pushed bitcoin to the $15k zone in November 2022, Bitcoin showed a strong recovery reaching $31,000 in June. <\/span>But a higher price could be plunged in the coming weeks if it breaks out of the current consolidation zone.<\/span><\/p>\nNotable Bitcoin price action<\/h2>\n