Bitcoin algos sell at Wall Street open as BTC price struggles at $66K
Bitcoin bids and asks build around BTC spot price as analysis sees the chance of a liquidity hunt next.
Bitcoin (BTC) stalled its post-halving comeback at the April 22 Wall Street open as a “sea” of automated trading algorithms sold BTC.
Data from Cointelegraph Markets Pro and TradingView showed BTC price momentum waning after hitting weekly highs of $66,546 on Bitstamp.
Despite a promising comeback after the prior week’s lows, Bitcoin faced stiff resistance on the day, with buyers outnumbered.
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Author: William Suberg
