BTC price support at $62K must hold if Bitcoin bears step in — Traders

Bitcoin bulls and bears are lining up an epic tug of war based on order book liquidity — who will gain control of the BTC price trend?

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Bitcoin (BTC) circled $63,000 on Sept. 24 as analysis argued that bears were “running out of time” to halt BTC price upside.

BTC/USD 1-hour chart. Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed flat conditions for BTC/USD continuing after the week’s first Wall Street open.

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