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Bitcoin pundits wary after ‘spoof city’ sours BTC price gains at $77K

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<div>Bitcoin pundits wary after 'spoof city' sours BTC price gains at K</div>
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Bitcoin pundits wary after ‘spoof city’ sours BTC price gains at $77K

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Source: Coin Telegraph

Bitcoin is “acting weird,” one commentator argues as BTC price gains fail to capitalize on incremental new all-time highs.

Bitcoin (BTC) preserved $76,000 into Nov. 9 as “spoof city” kept BTC price action pinned in a narrow range.

BTC/USD 1-hour chart. Source: TradingView

Data from Cointelegraph Markets Pro and TradingView captured familiar trading conditions for BTC/USD: heavy volume and new all-time highs.

Read more

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Author: William Suberg

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Coin Telegraph
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