Bitcoin bulls draw key battle lines as market metrics hint at a potential breakout from the short-term BTC price trading range.
Bitcoin (BTC) took liquidity both up and down on Aug. 22 as analysis said crypto markets are “looking ripe for a short squeeze.”
Data from Cointelegraph Markets Pro and TradingView shows volatile BTC price moves within a narrow range over the past 24 hours.
United States employment data revisions, along with the minutes of the Federal Reserve’s latest meeting, helped spark a rally for BTC/USD the day prior.
