Bitcoin Price Update: Bulls and Bears Both Get Tested as Market Eyes $60,000 Support

The post Bitcoin Price Update: Bulls and Bears Both Get Tested as Market Eyes $60,000 Support appeared first on Coinpedia Fintech News

Bitcoin was sitting under pressure around $61,200 when it suddenly reversed and shot all the way up to $64,600 in a sharp, fast move that took most traders by surprise. Before that bounce, a wave of buyers got wiped out at the bottom. Their positions were forcibly closed, clearing the way for the price to …