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Bitcoin metrics line up bull signals with .6K BTC price level to beat

Bitcoin metrics line up bull signals with $60.6K BTC price level to beat

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Source: Coin Telegraph

Bitcoin is giving hints that an upward BTC price phase is about to begin, as measured by two popular trading tools.

Bitcoin (BTC) sought a reclaim of $60,000 into the Aug. 18 weekly close as “out of hours” BTC price action saw strength.

Data from Cointelegraph Markets Pro and TradingView showed new local highs of $60,271 on Bitstamp on the day.

Despite the absence of traditional market traders, BTC/USD slowly edged higher throughout the weekend, while price indicators hinted at continued upside to come.

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Author: William Suberg