Bitcoin sellers are trying to keep BTC price below $60K

BTC price upside momentum is building, but liquidity is bunching at $60,000 in an attempt to keep the market from reclaiming lost ground.

Bitcoin (BTC) closed in on $60,000 on July 10 as bulls fought for key trendline support.

Data from Cointelegraph Markets Pro and TradingView confirmed BTC price highs of $59,459 on Bitstamp on the day.

Swift gains into the Asia trading session left BTC/USD up 1.5% at the time of writing, with the pair bouncing from classic “oversold” conditions.

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BTC price upside momentum is building, but liquidity is bunching at $60,000 in an attempt to keep the market from reclaiming lost ground.
Bitcoin (BTC) closed in on $60,000 on July 10 as bulls fought for key trendline support.Data from Cointelegraph Markets Pro and TradingView confirmed BTC price highs of $59,459 on Bitstamp on the day.Swift gains into the Asia trading session left BTC/USD up 1.5% at the time of writing, with the pair bouncing from classic “oversold” conditions.Read more