Bitcoin traders turn to $93K yearly open as BTC price hits 6-week high

Bitcoin teases a gold-like comeback amid US trade war volatility, but BTC price action has a lot of convincing to do before wary traders flip bullish.

Bitcoin (BTC) hit six-week highs on April 22 as US trade war tensions emboldened crypto bulls.

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD above $91,000 after the Wall Street open — its highest since March 7.

Bitcoin and gold benefited from increasing market nerves over how China, Japan and others would respond to US trade tariffs.

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