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Bitcoin gives up late June gains amid warning $60K holding is ‘lucky’
Bitcoin is coming full circle to remove any trace of last weekend’s BTC price run-up, and liquidity is waiting below $60,000.
Bitcoin traded at $61,000 on July 3 after the United States inflation outlook worsened.
Data from Cointelegraph Markets Pro and TradingView showed BTC price strength slowly recovering from a 2% dip at the daily close.
This compounded the existing downside to produce local lows of $60,561 on Bitstamp, erasing gains from the weekend.
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Author: William Suberg