# Bitcoin rebounds to $31.6K but warnings of another BTC price plunge are everywhere
“# Bitcoin rebounds to $31.6K but warnings of another BTC price plunge are everywhere ” Bitcoin (BTC) continued its bounce from its 2021 opening price on July 21, hitting $31,600 in what some fear is just a temporary reprieve from downside. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Short the bounce”? Data from Cointelegraph Markets…