On Monday, Bitcoin strengthened and then weakened, reaching a maximum of 34,656, and market activity increased. On July 12, the current Bitcoin price difference over the yearly period was 7.09%, an increase of 0.48% from the previous day. The entire computing power of the Bitcoin network continues to recover from its decline in half a month. On July 11, it was 89.8EH/s, and has rebounded 47.2% compared to 61.2EH/s which was two years low on 27th June. Data: The crypto industry raised US$6.2 billion in the second quarter, an increase of almost 90% from the previous quarter. From a technical perspective, Bitcoin's weekly line is in a sideways phase for three weeks, the daily line is getting narrower, and is on the lower band of BOLL. Overall prioritize selling at high prices within the fluctuation zone. The deciding point whether to buy or sell is near 35000.
Resistance：35000-35900-36600
Support：33600-33000-32000
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