Bitcoin suddenly hits $60K as a new resistance battle liquidates $850M

Cointelegraph

Published Apr 10, 2021 03:28AM ET

Updated Apr 10, 2021 02:20PM ET

Bitcoin (BTC) returned to $60,000 on April 10 as a bout of long overdue volatility hit the market in line with analysts' expectations.

BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview

Cointelegraph Markets Pro and TradingView showed a sudden push allowing BTC/USD to exit the $50,000 corridor overnight on Friday.

Bitcoin exchange funding rates. Source: Bybt

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