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Bitcoin price falls below $37K amid little hope of a definitive weekend bounce

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Support at $36,000 may also be temporary, one trader warns, after a major Binance buy wall is obliterated.

Bitcoin (BTC) broke below $37,000 during trading on June 18 in the latest short-term bearish sign for hodlers.

Buyers no match for BTC bears
Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it hit new local lows of $36,540 on Bitstamp.

As Cointelegraph reported, BTC traders are at something of a crossroads under current conditions amid a lack of overall market direction. Indicators also present a mixed picture.

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