Bitcoin touches $30K as ex-BitMEX CEO hopes $25K marks BTC price 'local bottom' Bitcoin bulls are not giving up without a fight in the current range, while data increases the significance of May's $23,800 floor.
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Jun 4
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Crucial breaker rejecting" on BitcoinData from Cointelegraph Markets Pro and TradingView showed BTC/USD climbing to local highs of $30,182 on Bitstamp after wicking down to near $29,300 overnight. Amid testing times for equities, Bitcoin followed in giving up recent gains, with Cointelegraph contributor Michaël van de Poppe insisting that $29,000 needed to hold to avoid more serious retracement. "Cascade further south for Bitcoin tow...
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