Bitcoin bids at the ready below $64,000

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Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it hit intraday highs of $64,668 on Bitstamp.

The pair recovered from local lows of $63,950 the day prior, these marking a fresh dip below the key $60,000 mark amid a feeling of uncertainty over BTC price support.

Now, bids were appearing under spot price with hours to go until the weekly, monthly and quarterly candle close.

“$500M+ in bids were placed below price (but mostly pulled) and open interest going up,” popular trader Daan Crypto Trades wrote in a post on X (formerly Twitter) covering order book liquidity shifts.

BTC price action sees uncommon moves for a weekend ahead of Bitcoin’s weekly, monthly and quarterly close.