BTC price action takes a break from endless downside to revisit $58,500, but Bitcoin bulls struggle to hold higher ground. Bitcoin (BTC) circled $57,000 into the July 7 weekly close as markets sprang back from “tremendous downside deviation.” Data from Cointelegraph Markets Pro and TradingView showed BTC price action cementing a range roughly 8% above the week’s $53,500 lows. These had come after the July 5 daily close, and represented the lowest levels for BTC/USD since late February. Read more Source: https://cointelegraph.com/news/bitcoin-traders-bottom-is-in-btc-price-bounces