BTC price retests $62K as Bitcoin preps 'very high impact' month end

BTC price action is no longer getting US Bitcoin traders excited as the Coinbase Premium Index hits its lowest levels in over two months.

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Bitcoin (BTC) diced with $62,000 support into Oct. 9 as markets awaited an onslaught of United States macro data.

BTC/USD 1-hour chart. Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed tightly rangebound BTC price action offering multiple retests of the $62,000 level into the daily close.

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