Bitcoin traders eye bear trap as BTC price hits 10-day high of $60.4K

Bitcoin bulls may be able to trap late sellers below key bull market trendlines as BTC price weekend gains pass 5%.

Bitcoin traded above $60,000 on July 14 as an assassination attempt on United States presidential candidate Donald Trump sparked BTC price volatility.

Data from Cointelegraph Markets Pro and TradingView tracked a crypto market surge as news of the attack, which Trump survived, came in.

Local highs of $60,423 on Bitstamp marked Bitcoin’s (BTC) highest value since July 4.

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Bitcoin bulls may be able to trap late sellers below key bull market trendlines as BTC price weekend gains pass 5%.
Bitcoin traded above $60,000 on July 14 as an assassination attempt on United States presidential candidate Donald Trump sparked BTC price volatility.Data from Cointelegraph Markets Pro and TradingView tracked a crypto market surge as news of the attack, which Trump survived, came in.Local highs of $60,423 on Bitstamp marked Bitcoin’s (BTC) highest value since July 4.Read more