BTC, SOL and AVAX Price Analysis for July 11

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BTC, SOL and AVAX Price Analysis for July 11
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Has the market lost the initiative for mid-term growth? NickSzabo4 alistairmilne Maybemore_DC WhalePanda maxkeiser Rager

Bitcoin has continued the fall after yesterday's bullish candle and breakout of the local support level at $20,895. The selling volume remains low; however, if bears keep their pressure, there is a chance to see a further drop below the vital zone ofBitcoin is trading at $20,395 at press time.

Despite today's drop, Solana is trading in the middle of the wide channel between the support level at $26.05 and the resistance at $44.87. At the moment, bears seem to be more powerful than bulls as the price could not fix above the $40 mark. If SOL loses another level at $30, one can expect the test of $20 soon.

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