Bitcoin is dishing out the bull signals on lower timeframes, but can BTC price action overcome key resistance?
Bitcoin (BTC) kept up the pressure on overhead liquidity on May 17 as analysis eyed a new “golden cross” on lower timeframes.
Data from Cointelegraph Markets Pro and TradingView showed BTC price action lingering near its highest levels since mid-April.
Liquidity at $67,000 and above remained a force containing upside, this totaling around $75 million at the time of writing, per data from monitoring resource CoinGlass.