Bitcoin traders ignore Silk Road sale as BTC price bounces to $66.5K

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Bitcoin traders ignore Silk Road sale as BTC price bounces to $66.5K
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BTC price recovers from $64,500 lows as one analyst says that Bitcoin bull markets can lead to too much attention on “bearish narratives.”

BTC/USD 1-hour chart. Source: TradingViewWhile this appeared to agitate an already nervous market, traders were quick to call for calm.

On the buy-side, the latest data from sources, including United Kingdom-based investment firm Farside, puts the total inflows to the U.S. spot Bitcoin exchange-traded funds at just over $40 million for April 2.

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