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Bitcoin tests old 2021 top as gold falls to six-week lows under $4.7K

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Bitcoin tests old 2021 top as gold falls to six-week lows under $4.7K

Bitcoin price correction reversed at $69,500, preserving a new higher BTC trading range as gold led a post-Fed macro asset sell-off.

Bitcoin (BTC) rebounded from weekly lows into Thursday’s Wall Street open as inflation targeted BTC price strength.

Key points:

Bitcoin price action preserves its new local trading range between 2021 highs and 2025 lows.

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