BTC price eats away at positions as Bitcoin bulls attempt to carve a path higher.
Bitcoin (BTC) returned above $64,000 on May 7 as the market took liquidity on both sides of the order book.
Data from Cointelegraph Markets Pro and TradingView showed BTC price action heading higher from the day’s lows of $62,864 on Bitstamp.
Still within a trading range in place since May 3, BTC/USD nonetheless gave speculators little chance to rest, with sharp moves in either direction liquidating positions.