Bitcoin may be preparing for trend continuation, but on short timeframes, BTC price behavior is inspiring no one.
Bitcoin (BTC) eyed a test of range lows on May 8 as analysis complained of post-halving “boredom.”
Data from Cointelegraph Markets Pro and TradingView showed BTC price momentum heading to $62,000 during the Asia session.
Bitcoin had managed a rebound beyond $65,500 days prior, and its subsequent 5% retracement left BTC/USD firmly in a range in place since before the weekend.
