Gate.io’s Daily Market Trends （June 26th）： Brazil May Launch Digital Currency in the Year Purpose Bitcoin Increases its Holdings in Bitcoin

As of 12:00 GMT, Bitcoin’s spot price was $32051.99 and Ether’s price was $1823.83. Bitcoin’s price experienced a decline yesterday after several failed attempts to break through pressure points, ending a two-day retracement of the rising state. Currently, Bitcoin’s price is back near $32,000 and the market is showing a weakening trend. On the one-hour timeframe, Bitcoin’s price is making a local bottoming. In the short term Bitcoin’s price is likely to drift between $33,100 and $36,500. Today's bitcoin price resistance point is around $33,000, which will change to $34,000 if a price breakout can be achieved.


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