![Bitcoin still lacks $60K support as BTC price nears $100M liquidity zone](https://dadynews.com/wp-content/uploads/2024/05/Untitled-design-46-1-400x250.jpg)
Bitcoin still lacks $60K support as BTC price nears $100M liquidity zone
Bitcoin BTC$60,856 returned to $63,000 on May 10 as overhead liquidity thickened past $100 million. Bitcoin liquidity battle heats up Data from Cointelegraph Markets Pro and TradingView showed BTC/USD spiking to local highs of $63,876 on Bitstamp before consolidating. BTC price action improved overnight after seeing lows under $61,000 — a weakness that persisted despite hot United States unemployment figures. Analyzing the…