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In today's show, analysts say that Bitcoin's choppy price action is typical of low liquidity markets.

In today's show, I'll be breaking down the latest Bitcoin technical analysis and as Rec Capital tweeted, Bitcoin

is still just consolidating inside this downtrending wedging structure. Bitcoin has been

maintaining the highs of this structure relatively well for this whole of July. The breakout point

of this pattern is 34,800 at this time. And as the Wolf of All Street, Scott Melker points out, if Bitcoin price drops,

I will buy more. If Bitcoin price goes up, I will also buy more. That is the beauty of dollar

cost averaging. Good man. Also in today's show, Bitcoin metric sees a hell of a bounce in a move

which historically heralds a Bitcoin price bottom. We're talking about the Puel Multiple,

which bounced from

its latest rare trip into the buy zone for the fifth time in its history. As Philip Swift points out,

hell of a bounce out of the green zone this week for the Puel Multiple, largely down to the

difficulty adjustment and increase in hash rate will be a good sign if we see this in the

hash rate, continue to climb quickly as Bitcoin miners come back on

board. I'll be breaking this down for you. Also in today's show, Crypto whales accumulated $2.2 billion

in Bitcoin this week says on chain analysts. Willem Clemente. First, let's take a look at this chart

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