For Bitcoin, the month of July has been a roller coaster ride. Since July 10, the most popular digital asset has hit some parabolic highs and lows – taking a steep plunge from thirteen thousand two hundred dollars ($13200) mark to hitting all-time lows at nine thousand six hundred eighty-four dollars ($9684) within a matter of just seven days. Nevertheless, the significant decline of nearly twenty-six percent (26%) is speculated to have resulted due to the sellers monopolizing the market and driving Bitcoin even further below the support level figures at eleven thousand dollars ($11000) and ten thousand seven hundred
