BTC price attempts to stabilize as traders warn of a possible return below Bitcoin buy support at $60,000.
Bitcoin (BTC) sought to retest range highs at the July 16 Wall Street open as the market brushed off Mt. Gox BTC movements.
Data from Cointelegraph Markets Pro and TradingView showed BTC price strength returning for a fresh trip to $64,000.
Still down overall around 1% since the daily open, BTC/USD nonetheless showed resilience in the face of billions of dollars’ worth of coins leaving the cold wallet linked to defunct exchange Mt. Gox.
