Bitcoin trader eyes $60K next as bears force fresh BTC price rejection
Bitcoin sees familiar BTC price behavior as bulls’ latest push to $70,000 lasts a matter of minutes.
Bitcoin (BTC) stayed lower into the July 30 Asia trading session after a swift rejection at resistance sparked a $4,000 BTC price drop.
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading around $66,500, circling the daily open.
The day prior had seen volatility throughout, with Bitcoin initially pushing to $70,000 but failing to hold it — an all-too-familiar sequence of events — instead falling by nearly 6% in a matter of hours.
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Author: William Suberg
