Bitcoin teases breakout as ‘FOMO liquidity grab’ keeps $69K in place
Bitcoin bulls have more work to do for a major resistance flip while BTC price strength sees the highest daily close in over four months.
Bitcoin (BTC) circled a key breakout level on Oct. 19 after a “FOMO liquidity grab” ended in rejection at $69,000.
BTC/USD 1-hour chart. Source: TradingView
Data from Cointelegraph Markets Pro and TradingView showed BTC price action constricting after the week’s final Wall Street trading session.
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Author: William Suberg
