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Bitcoin ‘solidifies’ support at $58K as BTC price volatility hits 7-month low
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Bitcoin (BTC) hit multi-day highs of $58,300 overnight into Nov. 25 with investors betting on the reduced likelihood of a further major price dip.
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD ranging above $57,000 Thursday, printing a higher low on the daily chart.
This, trader and analyst Rekt Capital believes, shows support “solidifying” at current levels, with hope, therefore, remaining of a more convincing trend reversal.
“Bitcoin has certainly solidified its support here,
Read more on cointelegraph.comAbout this in other media
Bitcoin tests traders' nerves as analyst reissues $400K BTC price forecast cointelegraph.com /2 years ago
Bitcoin holds $57K amid warning weak hands could fuel a fresh BTC price dip cointelegraph.com /2 years ago
Bitcoin and Ethereum Spurt Higher, SAND and GALA Rally cryptonews.com /2 years ago
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