Bitcoin indicator data suggests a stronger long-term picture than the current BTC price rejection from $69,000 would have traders believe.
Bitcoin dropped to one-week lows on Oct. 23 as a return to support tested bulls’ resolve.
BTC/USD 1-hour chart. Source: TradingView
Data from Cointelegraph Markets Pro and TradingView showed Bitcoin (BTC) price weakness delivering $60,063 on Bitstamp.
