Bitcoin trader hopes for liquidity snatch as BTC price returns to $62K
Bitcoin bulls seek a more convincing BTC price rebound as ask liquidity sits piled high between spot and $70,000.
Bitcoin liquidity “stacked” above spot price
Data from Cointelegraph Markets Pro and TradingView showed daily highs of $62,323 on Bitstamp.

Despite initial jobless claims coming in below expectations, U.S. unemployment data failed to spook crypto markets into fresh concerns over the path of inflation.

BTC/USD was up 2.3% on the day at the time of writing, and traders hoped that trajectory could be sustained in order to take ask liquidity above the spot price.

“Most of the liquidity lies above after testing the range lows at ~$59K and taking all the liquidity that sat there,” popular trader Daan Crypto Trades noted in part of an update on X.