Analysts say Bitcoin’s price vortex is Cointelegraph’s “typical in low-liquidity markets”

It was a moderate relief that helped recover some of the losses seen on Thursday, July 9, and the cryptocurrency market on Thursday, but some analysts continue to warn BTC it could still go down $ 24,000 to $ 29,000 in the short term.

Data of Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin was higher during trading hours on Friday morning and managed to rise above $ 34,100.