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Bitcoin rebounds on Wall Street open as exchange BTC reserves plunge after $42K dip
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Bitcoin (BTC) recovered from a dip below $50,000 on Dec. 8 as Wall St. trading opened on a fresh bullish note.
Data from Cointelegraph Markets Pro and TradingView captured a classic rally for BTC/USD on hourly timeframes, gaining $2,000 in a single one-hour candle.
The pair had hit daily lows of $48,656 on Bitstamp before a dramatic trend change brought back the psychologically significant $50,000 level.
Buckle up
#Bitcoin held crucial level and continues probably to a new test at $51.6K and $53.6K.
Read more on cointelegraph.comAbout this in other media
El Salvador’s Bitcoin City and why it could be a ‘pretty attractive opportunity’ ambcrypto.com /2 years ago
Grayscale Finds Rising Interest in Bitcoin as it Pushes for Spot BTC ETF cryptonews.com /2 years ago
The bigger picture: What does El Salvador’s Bitcoin city mean for the global crypto market? economictimes.indiatimes.com /2 years ago
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