BTC/USD rebounds above the $29,907 support as BTC price revisits $32.4K high.
On the upside, if the BTC price rises and breaks above the $32,000 resistance, the market will rally above the 50-day SMA .
According to the report, May 2022 has the lowest record of 202 new BTC ATMs. For the past five months, Bitcoin ATM installations have fallen to 89.75% from December 2021’s 1971 new installations.
Meanwhile, Bitcoin has begun its sideways movement in a confined range as BTC price revisits $32.4K high.