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Why 30K BITCOIN IS BAD!Bitcoin's price has been choppy recently, trading between the $28, level and $26, over the past week and a half. Bitcoin (BTC) encountered difficulties breaking above $31, on July 13, resulting in a % correction down to $29, on July The price. Within a few minutes, Bitcoin lost approximately 3% from its local peak, which was around $31, This translates to a loss of approximately.