Bitcoin circles $63K as liquidity sparks hopes of 40% BTC price gains
Bitcoin stands to potentially gain big from global liquidity trends, analysis concludes, as the June BTC price downtrend ends.
Bitcoin (BTC) focused on $63,000 on July 2 as attention switched to macro liquidity changes.
Data from Cointelegraph Markets Pro and TradingView showed BTC price action attempting to cement gains, which accompanied the monthly close.
Despite an overall failure to tackle key resistance levels above $64,000, Bitcoin traders had renewed cause for optimism as July got underway.
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Author: William Suberg
