Bulls largely absent as Bitcoin price slips to the bottom of its range near $32K

Within the past few hours, a fresh wave of selling pushed (BTC) price close to the $32,000 support level as the low trading volume and general disinterest from traders saw the price revisit the lower section of its current range.

4-hour chart. Source: TradingView

The price of Ether (ETH) also fell under pressure alongside Bitcoin as the building momentum ahead of the network’s upcoming London Hard Fork failed to support a price above $2,000, resulting in a daily low of $1,918.

BraveNewCoin liquid index for Bitcoin 1-day chart. Source: Twitter
Daily cryptocurrency market performance. Source: Coin360