Bitcoin is coming full circle to remove any trace of last weekend’s BTC price run-up, and liquidity is waiting below $60,000.
Bitcoin (BTC) traded at $61,000 on July 3 after the United States inflation outlook worsened.
Data from Cointelegraph Markets Pro and TradingView showed BTC price strength slowly recovering from a 2% dip at the daily close.
This compounded existing downside to produce local lows of $60,561 on Bitstamp, erasing gains from the weekend.