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Bitcoin traders diverge over BTC price strength with $60K in sight
Bitcoin battled US sellers at Monday’s Wall Street open amid mixed feelings over the short-term BTC price outlook. Data from TradingView showed rangebound market moves focusing on $66,000, with BTC/USD down around 2.5% on the day. US weakness compounded an already bearish start to Monday, with sell-side pressure clearly in evidence at the weekly open. “$BTC flushed 4.5K in one move,” crypto analyst IT Tech, a contributor onchain analytics platform CryptoQuant, wrote in his latest market commentary on X. IT Tech described current price moves as indicating “confusion,” warning that the day’s $62,250 lows ... (full story)
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