BTC price upside momentum is building, but liquidity is bunching at $60,000 in an attempt to keep the market from reclaiming lost ground.
Bitcoin closed in on $60,000 on July 10 as bulls fought for key trendline support.
Data from Cointelegraph Markets Pro and TradingView confirmed Bitcoin (BTC) price highs of $59,459 on Bitstamp on the day.
Swift gains into the Asia trading session left BTC/USD up 1.5% at the time of writing, with the pair bouncing from classic “oversold” conditions.