Bitcoin stands to gain from increasingly risk-on macro sentiment, but can it shift a stubborn BTC price range?
Bitcoin (BTC) sought weekly highs on Aug. 20 as a push above $61,000 brought hopes of a BTC price comeback.
Data from Cointelegraph Markets Pro and TradingView showed local highs of $61,424 on Bitstamp, with BTC/USD up 2.4% on the day.
Bitcoin struck a clear contrast to the weekly open overnight, and analyzing the broader macro picture, commentators were optimistic.