Bitcoin bids and asks build around BTC spot price as analysis sees the chance of a liquidity hunt next.
Bitcoin (BTC) stalled its post-halving comeback at the April 22 Wall Street open as a “sea” of automated trading algorithms sold BTC.
Data from Cointelegraph Markets Pro and TradingView showed BTC price momentum waning after hitting weekly highs of $66,546 on Bitstamp.
Despite a promising comeback after the prior week’s lows, Bitcoin faced stiff resistance on the day, with buyers outnumbered.