Bitcoin deals a swift blow to late longs on the cusp of all-time highs, saving BTC price discovery for another day.
Bitcoin (BTC) almost hit new all-time highs into March 5 as volatility swiftly liquidated late trades.
Data from Cointelegraph Markets Pro and TradingView showed BTC price trajectory coming within inches of $69,000.
Despite daily gains of $5,000, the psychological importance of the highs became immediately evident, and bulls were unable to push through.