BTC price recovers to 3-day highs as new whale support forms at $19.2K

Bitcoin (BTC) held steady at the June 20 Wall Street open as nervous traders waited for a short-term trend decision.

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

Trader flags Bitcoin “macro bottoming period”

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD climbing to just shy of $21,000 at the time of writing, a three-day high.

The weekend had spooked the majority of the market and liquidated speculators with a trip to $17,600, marking Bitcoin’s lowest levels…

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