Bitcoin buyers need to ramp up pressure to squeeze the market back toward all-time highs, BTC price analysis concludes.
Bitcoin hit $66,000 on July 17 as sustained bidding helped bulls cement four-week highs.
Data from Cointelegraph Markets Pro and TradingView confirmed Bitcoin (BTC) price reaching $66,129 on Bitstamp after the latest daily close.
Shaking off sell-side pressure resulting from the movement of coins tied to defunct exchange Mt. Gox, BTC/USD rebounded to deliver up to 15% gains when measured from the start of the uptrend on July 12.
