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

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© 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:)