Bitcoin weekly RSI echoes mid-2022 bear market as BTC plays liquidity games

Bitcoin round tripped gains after a spike to $70,000 as liquidity traps began to characterize BTC price action on the US bank holiday.

Bitcoin (BTC) took out long and short positions during Monday as low-volume trading sparked short-term volatility.

Key points:

Bitcoin sees low-time frame manipulation clear both longs and shorts on the US bank holiday.

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