In the last 24 hours the situation has turned positive this if we take into account that Bitcoin supporters could catch late sellers below key bull market trend lines, while BTC price weekend gains exceed 5%.
To wit, "Bitcoin traded above $60,000 on July 14, as an assassination attempt on U.S. presidential candidate Donald Trump sparked BTC price volatility."
According to information released by William Suberg, "Amid unusually strong performance for a weekend, some traders looked to the weekly close and the start of traditional market trading for proof that the rally would succeed"
For trader and analyst Rekt Capital gave importance to the same zone as the BTC/USD pair struggled to maintain a post-halving "reaccumulation range", now under threat.
Finally, "The latest live data from monitoring resource CoinGlass showed ask liquidity clustering at USD 60,660 at the time of writing, with support thickening below the USD 60,000 mark."
SOURCES CONSULTED
Cointelegraph. Bitcoin traders eye bear trap as BTC price hits 10-day high of $60.4K. Link
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The cover image does not belong to the author: @lupafilotaxia, the image was taken from: Cointelegraph
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