Bitcoin returns to $ 37K amid warnings that BTC price ‘needs to go lower’ By Cointelegraph


© Reuters

(BTC) cracked $ 37,000 at the Jan. 28 Wall Street open as traders watched and waited for a resistance retest.

1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC / USD returning to form after dipping to $ 36,175 on Bitstamp earlier in the day.

Bitcoin futures short liquidations annotated chart. Source: TXMC Trades / Twitter (NYSE 🙂