• Bitcoin weekly RSI echoes mid-2022 bear market as BTC plays liquidity games Bitcoin round-tripped gains after a spike to $70,000 as liquidity traps began to characterize BTC price action on the US bank holiday. • Cointelegraph in your social feed Bitcoin (BTC) took out long and short positions during Monday as low-volume trading sparked short-term volatility. • Key points: Bitcoin sees low-time frame manipulation clear both longs and shorts on the US bank holiday. • Bitcoin sees low-time frame manipulation clear both longs and shorts on the US bank holiday. • BTC price action offers “breakouts and shakeouts” while staying in a narrow range. • BTC price action offers “breakouts and shakeouts” while staying in a narrow range.
Article Summaries:
- Bitcoin (BTC) took out long and short positions during Monday as low-volume trading sparked short-term volatility. Key points: Bitcoin sees low-time frame manipulation clear both longs and shorts on the US bank holiday. BTC price action offers “breakouts and shakeouts” while staying in a narrow range. 2022 bear market comparisons continue, now focused on weekly RSI. BTC price liquidity squeezes shake out traders Data from TradingView captured sharp moves within a narrow BTC price range on the US public holiday that topped out at $70,000. With Wall Street closed for Presidents’ Day, thinner ord
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