Bitcoin fails to follow gold to new all-time highs into the end of the week with BTC price momentum instead heading toward $69,000.
Bitcoin (BTC) retreated toward $69,000 after the April 12 Wall Street opening as gold left BTC price action in the dust.
Data from Cointelegraph Markets Pro and TradingView showed lackluster performance on BTC/USD into the end of the week.
Despite lower outflows from the Grayscale Bitcoin Trust (GBTC), Bitcoin appeared in no mood for optimism as bid liquidity was eaten up below $70,000.
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Source: https://cointelegraph.com/news/bitcoin-price-liquidity-69k-gold-surge-markets