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Bitcoin price 2-month highs on 'soft landing' may precede sub-$60K dip

Bitcoin is marching through overhead liquidity as China announces economic stimulus measures, but some BTC price correction concerns still remain.

Bitcoin (BTC) tapped $65,000 after the Sept. 26 Wall Street open as United States macro events fueled risk asset gains.

BTC/USD 1-hour chart. Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC price momentum delivering $65,521 on Bitstamp — its highest in nearly two months.

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Bitcoin is marching through overhead liquidity as China announces economic stimulus measures, but some BTC price correction concerns still remain.
Bitcoin (BTC) tapped $65,000 after the Sept. 26 Wall Street open as United States macro events fueled risk asset gains.BTC/USD 1-hour chart. Source: TradingViewData from Cointelegraph Markets Pro and TradingView showed BTC price momentum delivering $65,521 on Bitstamp — its highest in nearly two months.Read more  

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