Bitcoin bulls have more work to do for a major resistance flip while BTC price strength sees the highest daily close in over four months.
Bitcoin (BTC) circled a key breakout level on Oct. 19 after a “FOMO liquidity grab” ended in rejection at $69,000.
BTC/USD 1-hour chart. Source: TradingView
Data from Cointelegraph Markets Pro and TradingView showed BTC price action constricting after the week’s final Wall Street trading session.