BTC price eyes $58K CME gap as analysis flags 2 Bitcoin death crosses
Bitcoin faces issues with liquidity despite an admirable comeback from six-month lows — can BTC price upside last?
Bitcoin (BTC) circled $56,000 at the Aug. 7 Wall Street open as concerns emerged over a lack of support.
Data from Cointelegraph Markets Pro and TradingView showed the BTC price rebound stalling, with BTC/USD flat versus the daily open.
Still up by around $7,000 versus the six-month lows seen on Aug. 5, Bitcoin nonetheless continued to worry market observers amid an atmosphere of uncertainty.
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Author: William Suberg
